ICICI Bank launches center in Bengaluru for start-ups & MSMEs
Updated: Jun 05, 2019 06:48:59am
ICICI Bank launches center in Bengaluru for start-ups & MSMEs
Bengaluru, June 5 (KNN) Industrial Credit and Investment Corporation of India (ICICI) Bank has launched a center in the city to provide hassle free business solutions exclusively to start-ups and Micro Small and Medium Enterprises (MSME) sector, all under one roof.
The services offered include working capital loans up to Rs 20 crore, business loans (based on GST returns) up to Rs 1 crore, instant overdraft facility of Rs 15 lakh, extensive trade solutions and cash management services, among others.
The centre also has a legal and valuation desk to assist customers in resolving challenges pertaining to collaterals offered for various loans
Executive Director (Designate) of ICICI Bank, Sandeep Batra along with Viral Rupani, Retail Business Head, South, ICICI Bank inaugurated the Centre.