Working Credit Facility


Sberbank offers revolving and non-revolving credit lines in Indian Rupee with floating interest rate linked with Marginal Cost of Fund Based Lending Rate (MCLR) for the entire term of the facility. The credit limit is determined by evaluating the client’s creditworthiness and legal capability, its credit history with the bank or credit bureau, and the specifics of the project to be financed. Having accounts and a positive credit record with the Bank is certainly an advantage.
The bank accepts the following security for its loans:
Collateral of property, fixed assets, goods and equipment.
Corporate guarantee from parent companies situated in Russian federation and CIS countries.
Current assets in form of account receivables and stocks.
The security amount should cover the loan principal with interest attributable to the bank, as well as the bank’s potential costs incurred from the forced sale of the collateral.