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Scheme for need based Working Capital
 
   Working Capital facility is provided to the industry to finance day-to-day production & sales. For production, funds are generally required for purchase of raw materials, stores, fuel, for payment of labor, power charges, for storing finished goods till they are sold out & for financing the sales by way of sundry debtors / receivables. Cash Credit facility is granted to the customers to bridge working capital gap. The Bank also provides short term loan facility for a period of up to 1 year for the purpose of bridging temporary cash flow mismatches arising due to various reasons like non-realization of receivables in time, routine capex etc.
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