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Our Customers & Policies

The weavers, twisters and traders, co-operative societies and other Government Institutions of the State are our Customers  We also supply silk yarn to Karnataka Handloom Development Corporation by participating in the tenders called by them through e-procurement platform and  also to Handloom Silk Weavers through National Handloom Development Corporation who have enrolled themselves in Yarn supply scheme of Govt. of India .We also supply silk yarn across North India, M/s. Marhati Paithani Center, M.S.S.I.D.C Limited, (Govt. of Maharashtra) are our regular customers.

Purchase Policy:

  1. Purchase Rate is Fixed by the Board of Directors.
  2. Market Fee of 0.5% on the purchased value from the reelers is paid to Department of Sericulture.
  3. Quality is tested through CSB testing centre and based on the report Silk Rate is Fixed.

Sales Policy:

  1. Cash Sales
  2. Credit Sales based on Bank Guarantee or FDR.
  3. Interest Rate for Credit Sales: -

UPTO 45 DAYS

INTEREST FREE

46 DAYS TO 60 DAYS

9% per annum

61 DAYS TO 90 DAYS

12% per annum

 

Last Updated: 20-10-2020 11:31 AM Updated By: Admin


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