Coaljunction wishes Thank you to the coal buyers for participating & making the Single Window Mode Agnostic (SWMA) e-Auction scheme 2022 a success in Coaljunction portal & we look forward to your continued support & patronage.

Coaljunction urges its customers to read through the Notice - Revised E-auction scheme 2022 available in for comprehensive knowledge & holistic information before participating in all future Single Window Mode Agnostic e-Auction of Coal India Limited to be held in Coaljunction portal as always.

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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

    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
    Post validation by our team, Bank processes the request and makes payment to plant.
  • 5

    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