Fwd: YES Bank special offering for Karnataka Paper Traders
Karnataka Paper Merchants and Stationers KPMSA
From: Ranjeet Jain <matajip...@gmail.com>
Date: Thu, Apr 5, 2018 at 4:40 PM
Subject: Fwd: YES Bank special offering for Karnataka Paper Traders
To: Karnataka Paper Merchants & Stationers KPMSA <kpms...@gmail.com>
From: Vikas Sharma <Vikas....@yesbank.in>
Date: Thu, Apr 5, 2018 at 1:40 PM
Subject: YES Bank special offering for Karnataka Paper Traders
To: "matajip...@gmail.com" <matajip...@gmail.com>
Dear Ranjeet Ji,
We discussed about few excellent product offerings for Paper Traders. Am sure most of our Association members will find this extremely useful.
1) YES GST – OD agst GST returns
Brief product details are as under:
Overdraft limit of INR 1 Crore
Document asked is latest 6 months GST returns and KYC docs only.
No balance sheet, no bank statement, no IT Returns etc
No need to change your existing bank. Maintain existing banking relations
No charge over current assets hence no stock inspection / insurance
Limit is 80% of property value (better as compared to 60% to 65% taken in Loan Agst Property LAP cases)
Pay only interest and not EMI as done in LAP.
Competitive interest rates (Interest rates in range of 10% to 11%).
2) CGTMSE loan to traders: Here upto INR 1 Crore credit facilities can be offered to good paper traders. Here, no collaterals are taken. All documents are taken like 3 years balance sheet, bank statements, ITR, debtors creditors list and more. Here, 1% premium need to be paid to SIDBI Government.
For any details / enquiry – Pl feel free to connect with Vikas Sharma on vikas....@yesbank.in / 9892172468 / 022-33478642.
Do share this with our Association members and business associates.
Regards
Vikas Sharma
YES BANK Ltd
YES BANK Tower
IFC 2, 5th Floor
Elphinstone (W)
Senapati Bapat Marg
Mumbai - 400 013
Contacts: Landline 022 3347 8642 |Hand Phone 98921 72468 |Email:vikas....@yesbank.in |
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