MOU Federal Bank

IamSMEofIndia signs MOU with Federal Bank for Credit Facilities & Banking Services to its Members

IamSMEofIndia signs MOU with Federal Bank for Credit Facilities & Banking Services to its Members

Another Big Leap Forward

IamSMEofIndia and Federal Bank Signed Historic MOU on 8th October 2014 at Ludhiana in a glittering function.

With this MOU, Federal Bank has offered SME Focused Credit Facilities and Banking Services to the Members of IamSMEofIndia across India.

Federal Bank is deputing a Special Team of Experienced Officers fully conversant with the various Banking and Credit requirements of MSMEs.

All types of Credit Facilities shall be available to our Members:

  • Term Loans
  • Working Capital (CC Limits)
  • Bills Discounting, Factoring
  • Non-fund Limits
  • Home Loans
  • Vehicle Loans
  • Education Loans

This Team shall not only assess, appraise and provide adequate and timely credit facilities to our members, it shall work closely with IamSMEofIndia to create Awareness amongst MSMEs regarding various Govt. and Institutional Support Systems and Subsidies available for MSMEs in India. IamSMEofIndia shall facilitate the MSMEs to avail of these opportunities and various savings through Collective efforts.

Special credit arrangements at lower rates may be introduced for various Clusters after due assessments and necessary approvals.

Value-Added Services:

  • Credit Counseling- Evaluate your present Financial Status and credit portfolio
  • Financial Literacy- Ask and know all about financial rating from Banker's point of view
  • See and compare our offer
  • Know about the Subsidies Support Schemes and Savings
  • Know about the various Cluster Development Programs and select the best suited for you
  • Network with Entrepreneurs and Members of IamSMEofIndia and draw from their experiences and best practices
  • Avail of various Support Services provided by IamSMEofIndia which brings to you Tried, Tested, Credible, Affordable Ready-made Solutions suitable for MSMEs.

Not just Banking.
Its complete Knowledge partnership, Best Practices Sharing and Learning from each other.

Federal Bank Limited is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India.
Started in the Year 1931 as Travancore Federal Bank, it was re-named as Federal Bank Ltd. in 1947.



Credit Facilitation Centre- IamSMEofIndia
FSIA Park, Opp. Plot No. 23, Sector 24, Faridabad- 121005 ;