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An application for all customers who require a vendor discount scheme and enjoy vendor financing limits with SBI and provides guaranteed service through Instant Interest Recovery Process and Auto Debit of Reversal, which reduces hassles of the bank in recovering the finance.
- It addresses the need of that segment that caters to big industries.
- The purpose of the eVFS is to provide finance to vendors/suppliers of large industry majors.
- The eligibility is that the suppliers/vendors should be of identified industry majors and amount of facility is also need-based with zero margins.