Credit Facilities to Entrepreneurs

For the endeavouring entrepreneur who dreams of setting up an enterprise, the Bank has a number of financial schemes.

To service the industrial sector the Bank has Industrial Finance branches at Mumbai and Pune. 

SSI branches at Pune, Mumbai, Krishnanagar Satara, Piraman Gujarat, Satpur Nasik and I.E. Thane. 

Finance can also be availed at any other branch of the bank. 

The Bank finances the Industrial Sector for setting up a unit for modernization, diversification, upgradation, expansion. 

Bank finance can be availed in the form of : 

Non Funded facilities

• Term Loan for acquisition of machinery and fixed assets.
• Working capital by way of funded Cash Credit limit .
• Non fund facilities in the form of Letters of Credit / Letters of Guarantee.

The Bank finances Industrial Ventures under its own scheme as well as under the National Equity Fund Scheme (NFE) and Other Government Sponsored Schemes (GSS).