Scheme For Financing to Government Contractor


To provide working capital facility ( Fund Based and Non-Fund Based) in the form of Overdraft , Bank Guarantee / Letter of Credit to Registered Govt. Contractors


All contractors registered with State or Central Government Department or any PSU for undertaking Civil, Mechanical, Electrical, Mining and Transport work etc. The prospective borrower must be registered as contractor with Govt. Department or PSU for last 5 years

Age :

Not Applicable

Maximum Amount of Finance :


Margin :

40% on Realizable Value of immovable properties (as per valuation report).

Features :

Credit facility in form of Cash Credit, Term Loan, Bank Guarantee & Letter of Credit.

Repayment period of 84months for term loans and 12months for CC/BG/LC(subject to annual review)

No prepayment Charges after -24- months after initial sanction.