WC
Overview MSME Overdraft Business Edge Overdraft Fees And Charges Applicable*

Working Capital

When you aspire to grow your business, you go that extra mile to achieve excellence. Similarly, we go the extra mile with you by providing Fund Based & Non Fund Based facilities to meet your working capital requirements.

 

Additionally, you only pay interest on the overdraft amount that you use! We help you build your business beyond your means because we value your growth as our own. Some of our loans and overdraft facilities have been explained below

Working Capital Overdraft

  • Loan Amount: 10L to 1000L
  • Tenure: Up-to 12 Months
  • Basis Financials, GST or Banking of the borrower
  • Attractive Interest Rate: 9.25%–15%
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Working Capital Bank Guarantee

  • Loan Amount: 10L to 1000L
  • Performance Bank Guarantee (PBG) & Financial Bank Guarantee (FBG)
  • Tenure: up-to 84 Months
  • Commission up-to 2.0% P.A

Working Capital FD Backed

  • Loan Amount: 10L to 1000L
  • Tenure: up-to 120 Months
  • Up-to 95% of USFB Fixed Deposits (FD)
  • Attractive Interest Rate: FD Rate + 1.5%

Overdraft Against Property

  • Loan amount range: ₹ 11 Lakhs - ₹ 100 Lakhs
  • Tenure range (in months): 12 (subject to periodical review)
  • Rate of interest (ROI): 14 - 17% p.a.

Business Edge Overdraft

  • Loan amount range: ₹ 25 Lakhs- ₹ 1000 Lakhs
  • Tenure range (in months): 12 (subject to periodical review)
  • Rate of interest (ROI): 12 - 14% p.a.

CGTMSE Overdraft Facility

  • Loan amount range: ₹ 10 Lakhs - ₹ 200 Lakhs
  • Tenure range (in months): 12 (subject to periodical review)
  • Rate of interest (ROI Range ): 13% - 15% p.a.

Fees And Charges Applicable*

  • Documentation Charges: Up to ₹ 10,000/- + GST.
  • Processing Fees (% to the Limit): Up to 2.5% + GST.
  • Stamp Duty on Loan Documents and Security Document: Actuals (as per statutory provisions prevailing in the concerned State in which the loan/security documents are executed).
  • Life Insurance Premium for Borrower (If opted by the Borrower Voluntarily): As per the guidelines of the Insurer.
  • CERSAI Charges (INR): ₹ 50+ GST up to ₹ 5 Lakhs Loan Amount & ₹ 100+ GST for any Loan amount greater than ₹ 5 Lakhs.
  • Additionally, other Charges, Fees, Prepayment Penalty, Pre-closure Charges, Penal Interest ect. as per the conditions in the Sanction Letter to be issued by USFB shall also be applicable.

Fuel your dreams with accessible funding through our MSME loans.