Digital MSME Working Capital Finance can be applied by the businesses to meet operating expenses, purchasing inventory, receivables financing and other short term business needs thereby providing liquidity to the business.
Eligible Borrowers
Govt. of India vide Gazette notification S.O. 2119(E) dated 26.06.2020 (Annexure-I) has notified revised criteria for classifying the enterprises as Micro, Small and Medium enterprises and the revised definition is effective from 1st day of July 2020.
Working capital Fund based Facilities
Credits – BOB ( Bank of Baroda )