. Tenor: 3 to 6 months

. Eligibility:

- Corporates having been sanctioned regular loans from Banks/FIs but awaiting completion of documentation.

- Companies availing Private Equity funding from PE players or FDI, Where term sheets have been signed but disbursement of funds is likely to take some time pending various documentations/clearances

b. Bridge Loan to Corporates against IPO/FPO/Rights Issue:

Corporates having already obtained acknowledgement of their DRHP/Offer Document from SEBI against their proposed IPO/FPO/Rights Issue may avail this facility for 3 to 6 months' tenor against pledge of promoters' share, mortgage of residential property or assignment of contracts/receivables or escrow of proceeds of IPO/FPO/Rights Issue.