Working Capital Loan

Working Capital Loan

Ready funds Increased liquidity Flexible loan amount​
Improve the liquidity of your business with ready funds for your working capital needs
  • Easy access to funds to meet the financial requirements for your business  

  • Loan amount offered depends on the assessment of the borrower’s documents and the bank’s policy 

  • Loan tenure – Repayable on demand 

  • All assets financed to be insured with bank clause

  • Rate varies from 10.06% p.a. to 16.64% p.a. 
    April 1, 2016, onwards, the lending rates on loan products is with reference to MCLR 

  • Processing fee – 1% plus service tax as applicable 

  • Margin  

    • Inventories 25 %

    • Receivables 30% 

    • LC & BG 25% 

  • Existing profit-making MSME units 

Pre-Sanction Documents: 

  • Duly filled application form 

  • 3 passport size photographs of the Individual Borrower/Directors/Partners 

  • 2 passport size photographs of the guarantor, if required 

  • KYC documents 

  • Financial statement of last 3 years 

  • Trade licence or any other regulatory licence applicable to the unit 

  • Statement of existing bank account for last 6 months 

  • Ownership documents of security 

  • Copy of Partnership deed/copy of MOA & AOA or other related documents in case of company/partnership firm 

Bank may ask for other information if required to process the loan 

Thanks

We will get in touch with you shortly.

Get the support you need to expand your business

Apply for a Business Loan from Bandhan Bank today

We will get in touch with you shortly

Please fill all fields