Working Capital Facilities
Cash credit, overdraft, working capital loans and bill or invoice discounting from Dhanlaxmi Bank to cover the day to day money needs of a business.
Last updated on
- Status
- Open
- Run by
- Dhanlaxmi Bank Limited
What you get
- Cash credit, overdraft or a working capital loan to meet the full working capital need of the business
- Bill and invoice discounting to bridge short term gaps, including supply chain finance and discounting of bills backed by letters of credit
- Pre-shipment and post-shipment finance for exporters
- Dhanlaxmi Bank aims to decide MSME loan applications up to ₹25 lakh within 14 working days and larger ones within 40 working days
Who can apply
- Businesses that are already running.
How to apply
- Use the Apply button on the page to fill in the SME enquiry form with your preferred branch
- The bank gets in touch to take the application forward
In person, any Dhanlaxmi Bank branch, or customer care on 044 4241 3000
In Kerala, any Dhanlaxmi Bank branch, or the SME apply form online
Documents to keep ready
- KYC of the owners or key people running the business, with photographs
- GST or other registration certificate
- Udyam Registration Certificate
- Local body licence and any other licences that apply
- Partnership deed, company documents or trust deed where relevant
- Project report for new or expansion proposals
- Audited balance sheets and profit and loss statements for the last two years, plus current and projected figures
- Income tax returns of the owners and the business for the last two years
- GST returns for the last 24 months
- Statements of accounts with other banks for the last 6 to 12 months
- Details of property offered as security, with tax receipts
- For working capital, copies of letters of credit and unexpired work orders on hand
Where we found this
An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.