Apply For Invoice Discounting
Invoice Discounting Application
Before applying for the Loan Application, please keep the following documents ready in PDF format:
Last 3 years Company ITR & Balance Sheet (combined into one single PDF file)
Business PAN Card (PDF file)
Company Bank Statement for the last 1 year (combined into one single PDF file)
Copy of Invoice(s)(single PDF file)
Purchase Order/ Contract (single PDF file)
- GST return last 1 year (single PDF file)
Features And Benefits
Get up to 80–90% of invoice value as immediate working capital
No fresh collateral required – invoices act as security
Improves cash flow without impacting existing limits
Can be used for raw material purchase, salaries, vendor payments etc.
Flexible tenure aligned with buyer credit period (30–120 days, as per lender policy)
Eligibility
Basic Eligibility
Registered proprietorship / partnership / Pvt. Ltd. / LLP
Minimum business vintage: 2–3 years
Stable turnover with regular GST-compliant sales
Buyers should be reputed/rated / listed companies (as per lender list)
Fees and Charges
Discounting / Interest Rate: starts from 13% p.a.+ (depending on profile & buyer rating)
Processing Fees: typically 1%–2% of limit (plus applicable taxes)
Documentation / Due Diligence Charges: as per lender’s policy
Other Charges: cheque bounce / penal interest / overdue charges as per sanction terms
(Exact pricing is decided by the respective Bank / NBFC / Financier based on assessment.)
How It Works
Submit invoice discounting application with required documents
Lender evaluates your business, buyers & financials
On approval, a limit is sanctioned and documentation completed
You upload / submit invoices to the financier for discounting
Financier disburses funds (80–90%) to your account; balance received on buyer payment (after charges)