Who can avail of RCFL Supply Chain/Inventory Finance?
Pvt , Public Ltd Companies / Partnership Firms / Proprietorship firms/LLP, having vintage of minimum 3 years.
What are the lending rates?
As per approved rates from time to time.
What are the loan tenure options?
12 months (Yearly Renewable)
How much finance can be availed?
The minimum loan amount is Rs.10 lacs and a maximum of Rs.20 Cr subject to Working capital requirement & inventory cycle.
How is the interest charged/calculated?
Interest calculated basis utilization of limit on daily basis & the same is payable monthly.