NSE: 

Loan to Mobile/ DTH/ Other Electronic Recharge Vendors

Loan to Mobile/ DTH/ Other Electronic Recharge Vendors

Hassle-free working capital finance to recharge vendors. Boost your business with Loan to mobile/DTH/other electronic recharge vendors.

  • Features & Benefits
  • How to apply ?
  • Documents Required
  • Repayment options
  • Rates and Fees

Key features

  • Quick loan approval
  • Minimal paperwork
  • Low processing fee of 0.25%
  • Can be availed as Overdraft or Demand Loan
  • Loan amount upto 300% of average daily advance paid to telecom company/DTH service provider/wholesaler during the previous one quarter.
  • Period of the loan up to 24 months

Who can apply

  • Individuals
  • Firms
  • Companies 
  • Any other legal entity engaged in wholesale/retail distributorship of telecom companies//DTH service providers or any other electronic recharging products or  engaged in other businesses but they operate as wholesale/retail distributorship of telecom companies/DTH service providers or any other electronic recharging products as ancillary or sub business. 

 

To avail the loan, you can choose any of these:

  • Download the application form and submit it your branch
  • Call our contact centre executives
  • Please visit any of our branches
  • Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
  • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
  • Bank Statement (latest 6 months bank)
  • Last 2 Years ITRs (computation of income), audited Balance Sheet and Profit & Loss a/c, if applicable
  • Proof of continuation (ITR/ Trade license /Establishment /Sales Tax certificate)
  • Other documents may be requested as per individual requirements.

Repayment of the loan is made as Equated Monthly/Weekly Instalments

You can use any one of the ways to repay the loan: