EEGRM

"EEG in HDFC Bank" refers to the Emerging Enterprise Group (EEG), which is HDFC Bank's division dedicated to providing loans and services, including working capital finance, to small and medium-sized enterprises (SMEs). To get a working capital loan, businesses must meet specific eligibility criteria, which are detailed on the HDFC Bank website. What the Emerging Enterprise Group (EEG) does

• Provides loans: The group specializes in offering various financial products, including working capital loans, to SMEs.
• Manages client relationships: EEG Relationship Managers (RMs) handle the acquisition of new clients and manage existing relationships for the working capital portfolio.
• Evaluates and processes proposals: RMs assess financial requirements, prepare credit proposals, and ensure timely processing of loan applications.

Eligibility for a working capital loan

• Business tenure: Must have a minimum operational history, typically 2-3 years.
• Financials: The business should have a stable and credible financial history.
• Turnover: A minimum turnover is required, which varies by product but can range from 60 lakh to 7.5 crore.
• CIBIL Score: A minimum CIBIL score of 700 or above is needed for the business or its owner.
• Age: The borrower must be between 21 and 40 years old.
• Experience: The owner's business experience is a key factor.

How to apply

Preferred candidate profile