Business Loans
SME loan is a short term loan provided by KPI against hypothecation of stock in trade or business assets like equipment.
This product shall be primarily utilised for meeting fund requirements for stock purchase, working capital requirements and business expansion. This product comes with benefit of repaying the loan in Equated Daily Installments at the doorstep of the customer.
Benefits
Loan against hypothecation of stock in trade or business assets
Loan can be utilised for:
Meeting working capital requirement
Meeting sudden spike in demand during festive season
Business expansion
• Daily collection facility
• Door step collection - no need to come out of business hours
• Easy and fast disbursal
• No pre-closure charges