Project Finance involves providing credit and other facilities to a Borrower depending upon the sector and customer specific approach, for setting up new projects, expansion, diversification and modernization of existing industrial units. While considering the Project for assistance, our company evaluates Technical Feasibility, Commercial and Economic Viability of the Project. The Interest Rate and other fees for credit and other facilities would be based on Viability of the Project creditworthiness of the Borrower, Rating, Risk Perception, Tenure of Loan, Facilities and other relevant factors. The repayment of the Loans and Facilities is normally fixed on case to case basis, depending on projected cash flow of the Borrower.
 

Under the Corporate Loan/Finance Services, SAI MULTIDIMENSIONAL SERVICES PVT. LTD. (SMSPL) provide rupee and/or foreign currency loans to Corporates with minimum 5 years of operations, continuous profits for the last 2 years with satisfactory track & credit record with lenders for normal capital expenditure, working capital margin, shortfall in working capital and general corporate purposes, including expenses on Voluntary Retirement Scheme and business acquisition where no tangible asset creation is envisaged. The interest rate would be based on creditworthiness of borrower, rating, risk perception, tenure of loan and other relevant factors. The repayment period for the loans would normally not exceed 5 ½ years.
 

SAI MULTIDIMENSIONAL SERVICES PVT. LTD. (SMSPL) also provide Letter of Credit (L/C or LC) which is a document issued to provide an irrevocable payment undertaking to a beneficiary against complying documents as stated in the credit. It is often referred to as a documentary credit, abbreviated as DC or D/C, Documentary Letter of Credit, or simply as credit.
Once the beneficiary or a presenting bank acting on its behalf, makes a presentation to the issuing bank or confirming bank, if any, within the expiry date of the LC, comprising documents complying with the terms and conditions of the LC, the applicable UCP and international standard banking practice, the issuing bank or confirming bank, if any, is obliged to honor irrespective of any instructions from the applicant to the contrary. In other words, the obligation to honor (payment) is shifted from the applicant to the issuing bank or confirming bank. Non-banks can also issue Letters of Credit however parties must balance potential risks.
 

Our Company provides an Overdraft Service which is a facility granted to you whereby you can overdraw your current account up to an agreed limit. Overdraft is an efficient form of borrowing as you pay interest only for the time you use the money. It gives you flexibility. You can at any time deposit money into the account to reduce the outstanding balance or can draw out money whenever you need it as long as you do not exceed the limit. Interest is calculated daily on the fluctuating outstanding balance and is normally charged at the end of each month. Customers' overdraft accounts fluctuate between debit and credit over a reasonable period. What is a "reasonable period" depends on the nature of your business. For example, an exporter who uses his overdraft to pay his supplier for goods to be shipped under a Letter of Credit to his overseas buyer should be able to clear the overdraft within 10 days. This is because under normal circumstances, the process of his preparing the shipping documents, submitting them to his bank for negotiation and receiving the proceeds of negotiation to repay the overdraft should take no longer than 10 days. On the other hand, a manufacturer who has used the overdraft to purchase raw materials will need more time to repay the overdraft because the process of manufacture, sale and collection of payment from sales is a longer one.

The overdraft utilized determines the interest that will be payable by the customer. The overdraft rate is linked to the Bank's Prime Lending Rate and is charged to the account at the month end.
 

• We also provide Consultancy Service for availing Bank Guarantee:
• On Suitable Conditions based on the Viability of the Project.
• Flexible Terms.
• Reasonable Rates, as per the RBI Guidelines.

• You can now enjoy the convenience of hassle-free and fast way of trading in the Indian Equity Markets through our NRI Investor Services. We provide full access to the following services to help you trade seamlessly:

• SAI MULTIDIMENSIONAL SERVICES PVT. LTD. (SMSPL) NRI Trading Account - Provides access to comprehensive trading tools for independent NRI investors

• SAI MULTIDIMENSIONAL SERVICES PVT. LTD. (SMSPL) Depository Services - Integrated services for seamless delivery

• HDFC Bank Account - NRE/NRO Accounts with built in tax management solutions and facility to source all regulatory approvals

• SAI MULTIDIMENSIONAL SERVICES PVT. LTD. (SMSPL) Equity Analysis TM - Premium Research on 540+ companies updated daily

External Commercial Borrowings (ECB) are defined to include

• Commercial Bank Loans,
• Buyer’s Credit,
• Supplier’s Credit,
• Securitized instruments such as floating rate notes, fixed rate bonds etc.,
• Credit from official export credit agencies,
• Commercial Borrowings from the Private Sector arm of Multilateral Financial Institutions such as IFC, ADB, AFIC, CDC and so on
• Investment by Foreign Institutional Investors (FIIs) in dedicated Debt Funds
• Applicants will be free to raise ECB from any internationally recognized source like Banks, Export Credit Agencies, Suppliers of Equipment, Foreign Collaborations, Foreign Equity - Holders, International Capital Markets etc. Offers from unrecognized sources will not be entertained.
• Preparation of DPR and Consultancy & Advisory Services for All Government approvals related to External Commercial Borrowings (ECB) are also being provided , to the Corporate Clients .