APMDC Suliyari Coal Upcoming MP MSME auction 1,05,000 MT @SBP INR 2730 on 1st May 2024 & PAN INDIA MSME on 2ND May 2024 2,00,000MT@ SBP 2730.

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#
10 crore rupees
of financial
assistance

From India’s top banks

Get financial assistance through coaljunction

An innovative downstream finance scheme, in association with leading banks for the auction participants of coaljunction participating in e-auctions of Coal India Ltd.

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

  • 1
    Expression of interest

    Customer provides expression of interest with application form and documents to coaljunction

  • 2
    Approval

    coaljunction will discuss with the bank; and once approved, set up the overdraft limit

  • 3
    Finance request

    Customer sends online finance request to us for the approved lots

  • 4
    Payment
    Post validation by our team, Bank processes the request and makes payment to plant.
     
  • 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