Ministry Of Finance
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
Central Government of India
Bills on MSME supplies already discounted by buyer/seller rediscounted with SIDBI
Unexpired usance - Not more than 90 days.
A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.
Contact to :
To scheduled commercial banks.
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