Bank of Maharashtra Mahabank Gold Card Scheme For Exporters

Bank of Maharashtra Mahabank Gold Card Scheme For Exporters from Download

The Bank of Maharashtra Mahabank Gold Card Scheme for Exporters is a preferential credit delivery mechanism designed to provide simplified processing, lower interest rates, and urgent liquidity support to creditworthy exporters. The application document can be accessed via the Bank of Maharashtra Downloads Portal. [1, 2, 3]

Eligibility and Key Features

To qualify for the Gold Card, exporters must maintain “Standard Asset” classification for three years, show no operating losses, and have a clean record with the RBI and ECGC. Key features include: [1, 2, 4, 5]

Standby Limit: An automatic 20% standby facility on the primary credit limit.
Concessional Rates: Reduced processing fees and lower interest rates.
Priority Credit: Faster processing for Packing Credit in Foreign Currency (PCFC).
3-Year Validity: Auto-renewable for three years with good performance. [1, 2, 6, 7, 8]