PSB-MSME STANDBY LINE OF CREDIT (PSB SLC)
|Borrower||Individual(s) / Sole Proprietorship / Partnership firm/ HUF/ Joint Stock Company or any other entity engaged in activities covered under MSME.|
|Purpose||To meet the temporary liquidity mismatch.|
The customers having availed fund based working capital facility from our Bank are only eligible under this scheme.
|Quantum of Finance||Max. up to 25% of the existing working capital limit (FBWC+NFBWC) up to Max of Rs.1.25 Crore|
|Repayment||maximum of 12 Months|
|Processing Fees||NIL on the proposed limit|