APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd JAN 2025 @ SBP INR 2516/- per MT
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An innovative downstream finance scheme, in association with leading banks for the auction participants of coaljunction participating in e-auctions of Coal India Ltd.
Get financial assistance through coaljunction
Key benefits of the finance program
- Get working capital from 50 lacs to 10 crore rupees
- Credit period upto 60 days
- Interest rates as low as 12.75% per annum*
- Instant disbursal
- Hassle-free one-time documentation and processing
How it works
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1
Expression of interest
Customer provides expression of interest with application form and documents to coaljunction
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2
Approval
coaljunction will discuss with the bank; and once approved, set up the overdraft limit
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3
Finance request
Customer sends online finance request to us for the approved lots
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4
PaymentPost validation by our team, Bank processes the request and makes payment to plant.
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5
Payback
Customer lifts materials and makes payment to bank within the due date**
* In case of offline mode, customer collects PO and deposits to client office
** In case of default, customer will not be allowed to participate in auctions