National Toll Free No1800 425 00 000
 
National Toll Free No1800 425 00 000

IB Tradewell

IB Tradewell

Eligibility

  • Traders/ Trading Enterprises having minimum 3 years experience with good standing in the market.

Amount of Loan

  • Maximum exposure per borrower : Rs. 10.00 crores
  • Of which Ceiling as under –Working capital (FB & NFB) Rs 10.00 crore –Term Loan Upto Rs 2.00 crore

Margin

  • Stocks – 15 %
  • Book Debts – 15% ( upto 90 days duration)

Interest Rates

  • Please see the interest rate link on the home page

Repayment

  • Maximum 60 months (excluding holiday period of 6 months)

Security

  • Hypothecation of stocks & book debts EM of properties

Salient Features

  • Financing the MSME Traders based on property security coverage.