Azadi ka Amrit Mahatsav

Ad HOC Line of Credit COVID-19 Revised


All Standard Accounts including SMA 0 and SMA 1 accounts as on date of sanction irrespective of internal rating (Accounts in SMA 2 are not eligible).


To meet the temporary liquidity mismatch arising out of Covid-19 involving payment of statutory dues, salary/ wages/ Electricity Bill, rent

Nature of Facility

Fund based Working Capital / Short Term Loan.

Quantum of Finance

  • Maximum 10% of fund based working capital limits. maximum cap is up to Rs.50.00 Crore.
  • The above facility will be in addition to the Assessed Bank Finance.
  • 10% of sanctioned ADHOC Line of Credit COVID-19 may be sanctioned on clean basis for payment of operating expenses on case to case basis.

Revised Tenure

Tenure of the Working Capital Limit / WCDL/STL can be extended up to 24 month depending on the cash flow of the borrower.

Revised Moratorium

Moratorium period can be allowed maximum up to 12 months from the date of first disbursement.
Rate of Interest Rate of interest sanctioned to regular working capital facilities will be applicable on fund based credit facility under AD-HOC (In case of MSME borrower, the ROI is to be linked to RLLR).
Fees & Charges
  • Fee : Nil
  • Documentation Charges : To be recovered one time as part of Total Limits.
Any other
  • Scheme will be in force up to 30/06/2020.
  • Further the scheme may be extended up to 30/09/2020, depending upon the regulatory guidelines.
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