Scheme for bills re discounting equipment inland supply


Ministry

Ministry Of Finance

Description

To encourage bills culture as a method of working capital financing to ensure timely payment, trade bills arising out of the supply of goods by MSME units and discounted with commercial banks either by seller or buyer are rediscounted by the banks with SIDBI.

Scheme operated through scheduled commercial banks

Sponsored By

Central Government of India

Objective

Bills on MSME supplies already discounted by buyer/seller rediscounted with SIDBI

Eligibility

MSME suppliers

Beneficiaries

Benefits

Unexpired usance - Not more than 90 days.

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to :

To scheduled commercial banks.

Status

Active

Sector

Finance



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