LAP OD Scheme
Features & Benefits
A working capital facility without the requirement of stock statement submission can be an excellent option for businesses seeking flexibility and reduced administrative burdens. Traditionally working capital facilities require business to submit regular stock statements. In contrast we have designed LAP OD without the requirement of stock statement submission. Companies can use the fund for purchasing inventory, covering operational expenses, paying suppliers etc.
Eligibility
The working capital facility is available to a range of business entities including Individuals, self employed professionals, firms, companies who are engaged in manufacturing/trading/service sectors. Those who are engaged in contracting activities are not eligible for this facility. Loan amounts range from above Rs.10 lakhs to Rs.50 lakhs.
To avail the loan, you may visit any of our branches or request a call back.
Interest Rates & Charges
Please visit the rates and charges page for details