Warning: Undefined property: stdClass::$heading in /home/saleupp/public_html/inner.php on line 213
-
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
- Short Term Loan Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Long Term Loan
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Medium Term Loan
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Debt Refinancing Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Equity Financing Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Financing Of Equipment Manufacturing (Em) For Power Sector Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Financing of Coal Mines Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Policy For Funding Against Regulatory Assets (Excluding return On Equity Component) Of Power Utilities Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Revolving Bill Payment Facility(RBPF) Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Loan Policy Circular Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
Warning: Attempt to read property "id" on null in /home/saleupp/public_html/inner.php on line 269
> Consumer Awareness
Warning: Undefined variable $displayHeadingText in /home/saleupp/public_html/inner.php on line 327
Short Term Loan
Deprecated: Return type of PHPHtmlParser\Dom\Node\Collection::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/saleupp/public_html/rec-scraper/vendor/paquettg/php-html-parser/src/PHPHtmlParser/Dom/Node/Collection.php on line 133
Loan for borrowers to meet their Working Capital Requirements
Eligible Entities
- State Sector Power Utilities and State Governments.
Extent of Assistance
- Loan amount shall be within balance credit exposure limit available to the Utility as per REC norms.
Tenor of Loan
- Up to 1 year.
Interest Rate and Other Charges (Commitment/ upfront/ any other)
- Depending upon Grade of the Borrower and as per prevailing Loan Policy.
Other Loan Conditions
- Security – “Hypothecation of material/assets” or “State Govt. Guarantee” or “Bank Guarantee” or “Corporate Guarantee” or “A mix of these securities”, as acceptable to REC. In addition, suitable escrow covers acceptable to the Corporation.
- Other conditions as per policy and decided by Corporation on case to case basis.
