BGVB Contractor Loan

For the growth of the nation's economy, the MSMEs play a vital role. They not only give employment to a large number of unskilled and semi-skilled people but also support bigger industries by supplying raw material, basic goods, finished parts and components. The critical role and place of MSME sector in the Indian Economy in employment generation, exports and the economic empowerment of a vast section of the population is well established. Further, the infrastructure is important for faster economic growth and development of almost all the segments of the economy. The adequate infrastructure in the form of road and railway transport system, ports, power, airports and their efficient working is also needed for integration of the Indian economy with other economies of the world. Hence, for giving boost to the infrastructure of the country, the role of Contractors are very crucial.


To provide Working Capital I Overdraft assistance (fund based/ non fund based) in the form of running limit, Letter of Credit, Bank Guarantee for meeting working capital needs and Term Loan for purchase of equipments I Vehicles I Plant & Machinery I any other legitimate assets to the contractors/ sub-contractors used for their business.

  • Working Capital (WC): To meet WC requirements for both Fund Based and Non-fund based facilities. FB & NFB WC limits for day to day requirement/ materials/ labour payment I statutory payments etc.
  • Term Loan: For purchase of Plant & Machinery/ Equipments/ Transport Vehicles, to be used for execution of contract works.
  • Bank Guarantee: For bidding of tenders, mobilization of advance money, performance of the contract, guarantee in favour of Central/ State Govt. & its various departments and reputed Pvt. ltd. Companies/ guarantee for release of retention money.