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MSME Tatkal

  • Eligibility
    Purpose

    To provide on the spot need based additional financial assistance (Request for facility should spell out justification)

    Eligibility

    Minimum 2 Year satisfactory (Standard Regular) conduct of account in banking system & profit making entities.

  • Finance
    Facility

    Working Capital Limits.

    Additional Facility Available

    Additional working capital facilities available:

    • 15% of existing working capital facilities separately for FB & NFB, Subject to Max. of ₹ 3.00crore.
    Process Fee

    NIL

    Other Terms & conditions
    • Borrower can enjoy only one facility either OBC – Tatkal - Working Capital or Adhoc limit at a time
    • All other terms & conditions of sanction shall be complied with
  • Security and Margin
    Security

    Extension of charge on existing security & filling of charge with ROC if applicable.

  • Rate of Interest and Repayment
    ROI

    1.00% additional ROI over & above the sanctioned ROI.

    Period of additional Facility Maximum 90 days (3 times in a Financial Year, maximum 180 days and gap of 15 days in each availment)
  • Apply Now
 
 
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