Working Capital Demand Loan (WCDL)
WCDL is granted for a fixed period on the expiry of which it has to be liquidated, renewed or rolled over. Depending on the terms of sanction the
repayment of WCDL can either be in the form of instalments spread over the tenure of the facility or bullet payment at the end of the tenure of the loan,. As the nomenclature suggests, WCDL is generally granted to meet the gap in working capital requirement.