Inclusive of all taxes
Cheques Based on Private Funding offer a unique financial solution designed for businesses with a minimum turnover of Rs. 50 crores seeking instant funding between Rs. 50 lakhs to Rs. 20 crores. This product provides collateral-free funding against post-dated cheques (PDC) with an immediate disbursal promise within 24 hours, catering primarily to enterprises pan India. Featuring tenure flexibility from 4 to 10 months, this service does not require any CIBIL score verification or upfront payment, making it accessible even for cases rejected by traditional banks. Ideal for companies looking for fast, reliable, and hassle-free private financial assistance, this product ensures competitive payout rates and addresses urgent financial requirements efficiently and securely.
Key Features
| Features | Description |
|---|---|
| Funding Range | Rs. 50 Lakhs to Rs. 20 Crores |
| Turnover Requirement | Minimum Rs. 50 Crores |
| Funding Type | Collateral Free, Against Post-Dated Cheques (PDC) |
| Disbursal Time | Within 24 Hours |
| Tenure | 4 months with option up to 10 months |
| Upfront Money | No Upfront Payment Required |
| Credit Score Requirement | No CIBIL verification required |
| Eligibility | Bank Rejected Cases Also Welcome |
| Geographical Coverage | Pan India |
| Attributes | Description |
|---|---|
| Funding Amount Range | Rs. 50,00,000 to Rs. 2,00,00,000 |
| Minimum Business Turnover | Rs. 50 Crores |
| Funding Security | Post-Dated Cheques (PDC) |
| Tenure Options | 4 to 10 Months |
| Disbursal Timeline | Within 24 Hours |
| Upfront Cost | None |
| CIBIL Check | Not Required |
| Target Customer | Businesses with Bank Rejection History or requiring Faster Funding |
| Region | All Over India |
*Disclaimer: The above description has been AI-generated and has not been audited or verified for accuracy. It is recommended to verify product details independently before making any purchasing decisions.
The minimum turnover required to apply for this funding product is Rs. 50 Crores.
No collateral is required; the funding is offered against post-dated cheques (PDC) only.
Yes, this funding solution welcomes cases rejected by banks.
Funds are generally disbursed within 24 hours after approval.
No, there is no CIBIL verification needed to apply for this funding.
No upfront money is required to avail the funding.
The tenure ranges from 4 months up to 10 months as per customer requirement.
Inclusive of all taxes
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