Facility is offered to traders / corporates, etc holding insurance policy of their receiveables from a repute insurance company

Loan amount depending on the working capital assessment and amount of insurance policy

Rate of interest to be linked with market rates i.e., LIBOR / EIBOR or Bank’s base rate.

The related insurance policy need to be assigned in bank’s favour or obtained in joint name of the bank and borrower

Liberal approach in stipulating cash margin