Working Capital Term Loan (WCTL)
Features
Working Capital Term Loan (WCTL) is provided to extend long term working capital credit facilities to entrepreneurs.
Working Capital Demand Loan (WCDL) is provided to extend long term working capital credit facilities to entrepreneurs.
Suitable for Mid / Large corporates having turnover more than Rs.500 Crores
It shall be within the assessed working capital limits.
It can be available as a sub limit of funded working capital limit.
Period of the loan is upto 60 months
Repayment can be made in Monthly /Quarterly / Half yearly installments
Eligibility
- All Corporates having turnover of Rs.500 Crores and above.
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