FAME TN Logo
Bureau for Facilitating MSMEs of Tamil Nadu (FaMe TN)
(A Section 8 company under MSME Department, Government of Tamil Nadu)
TN Government Logo
->
Apply Now
Home
>
Finance
>
Central Govt. Schemes
>
Working Capital (Cash Credit)
Government of India, Ministry of MSME
Small Industries Development Bank of India

Working Capital (Cash Credit)

Your business can get loans towards working capital with quick approvals and drawing power at MSMEs' convenience.

Objective
  • To provide working capital assistance to existing MSMEs.
Key Benefits
  • Working capital assistance for working capital requirements of the MSMEs.
  • Option to choose banking platform from multiple banks (IDBI/CUB/Yes Bank)
  • Seamless approval as per customer instructions for setting Drawing Power.
  • Single window for term loan customer to avail working capital facilities.
  • MCLR Linked attractive rate of Interest.
Eligibility Criteria
  • New and existing entities who do not enjoy working capital facility from any other bank/ financial institution.
  • Takeover of working capital accounts as a part of term loan takeover may be considered subject to standard guidelines.
  • No defaults to Bank/FIs.
How to Apply / Office To Contact
How to Apply / Office To Contact

->
Apply Now