Receivables Exchange of India Limited (RXIL) RXIL
An RBI authorised TReDS platform where MSMEs can get early payment on invoices accepted by their buyers.
Last updated on
- Status
- Open
- Run by
- Receivables Exchange of India Limited
What you get
- Authorised by RBI on 17 May 2017, with approval to start operations from 1 December 2016
- Invoice finance without recourse to the MSME seller, under the RBI TReDS directions
Who can apply
- Businesses that are already running.
- Micro, small and medium enterprises.
- Sellers must be MSMEs
- Your buyer must also be on the same platform
How to apply
- Open the RXIL website and choose seller registration
- Ask your buyer to accept your invoices on RXIL
In Kerala, online from anywhere in Kerala
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 Seen something out of date?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.