GJEPC’s MSME team conducted a webinar detailing products offered by YES BANK for Gold Metal Loan, Working Capital and Trade Finance on 8th June.
The webinar, organised in collaboration with YES BANK, featured a panel of eminent speakers, including Kiran Shetye, Executive Vice President; Bhavin Gajjar, Executive Vice President; Nagma Chawla, Vice President; Darshan Rathi, Vice President; Prateek Kala, National Sales Manager – EXIM Acquisition; Neeraj Kumar, Regional Sales Manager – EXIM Acquisition; and Vijay Krishnan, Senior Program Manager.
The discussion was attended by more than 140 participants and centred on the following:
SME Product Capabilities: Surrogate Program Offerings under which Surrogate Products, Templated Programs, Multiple facility offering and Pre-approved retails assets, Documents required, Loan Amount and Limit Eligibility were explained.
The following Product Baskets were described in detail.
A. Fund-Based: Cash Credit, Overdraft, Working Capital Demand Loan, Drop Line OD, Bills Discounting, Pre-Shipment/Post Shipment Finance, Term Loan.
B. Non-Fund-Based: Letter of Credit, Bank Guarantee, Buyers/Suppliers Credit.
Interest Equalisation Scheme: Attendees were informed the documents required, recent developments and benefits pertaining to Interest Equalisation Scheme.
Import Products: Liability & Asset products were discussed.Gold Metal Loan: Various types of Gold Metal Loans, Procedures, Tenure and RBI norms of procurement of Gold Metal Loan were discussed and how Jewellery Manufacturer can avail Gold (Metal) Loan at Gold lease rate were explained.