"Important Notification : The Government of India has announced the implementation of Goods and Services Tax (“GST”), which is effective from 1st July, 2017. Please note, the existing service tax rate of 15% on all charges levied by Religare Finvest Limited shall be replaced by a GST rate of 18% as applicable for financial services.
short term trade finance

Short Term Trade Finance

Another powerful solution within our basket of products is a unique and powerful business tool, which will empower our customers to bridge their short term financial gaps like never before. Our short term trade finance gives freedom to SMEs to avail financing against purchase payables. 


FEATURES
  • Both secured and unsecured facility available
  • Loans up to 25 crores in secured and 75 lakhs in unsecured (Please note - this is for existing customers only. For customers new to RFL, the limit is 3 crores and 40 lakhs respectively)
  • Facility draw at need 
  • Facility available up to 90 days
  • Interest chargeable only on availed amount 
  • Hassle free digital loan processing 
  • Competitive rate of interest
BENEFITS
  • Meets untimely / seasonal business cash flow requirements 
  • Improves working capital cash flow
  • Helps bring efficiency in supply chain
  • Better inventory and creditor management 
SUITABLE FOR 

Manufacturers, distributors, SMEs with minimum turnover of  5 crores only


DOCUMENTATION
  • Application form with colored photograph
  • KYC (for company & promoters)
         > Proof of age, signature, identity and address
  • Income documentation
         > Audited financials
         > ITR, balance Sheet, trading and P&L account
  • Bank statements as applicable
  • Details of other running loans
  • VAT/Service tax/GST returns as applicable


Declaration of Standard Terms & Condition
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Important Notifications

  • New

    Prevent Unauthorized Transactions in your demat account - Update your Mobile Number with your Depository Participant. Receive alerts on your Registere...Read more

  • New

    "Important Notification : The Government of India has announced the implementation of Goods and Services Tax (“GST”), which is effective from 1st July...Read more

  • New

    RFL shall not be levying pre-payment charges in respect to the customer whose loans are recalled at the option of RFL...Read more

  • New

    KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.),...Read more