Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Service typeOnline auction-based factoring and discounting of MSME trade receivables.View source
Complete definition reviewed.
- Source
- TReDS
- Page / section
- What is TReDS?
- Accessed
- 31 Aug 2026
- Confidence
- high
Customer typeMSME sellers; permitted corporate, government and PSU buyers; banks, NBFC factors, financial institutions and other RBI-permitted financiers.View source
All participant rows reviewed.
- Source
- TReDS
- Page / section
- Participant eligibility table
- Accessed
- 31 Aug 2026
- Confidence
- high
FeesNot published.View source
The complete service page publishes benefits and an -linked rate but no enrolment or transaction fee.
- Source
- TReDS
- Page / section
- Complete page
- Accessed
- 31 Aug 2026
- Confidence
- high
PlatformsInvoicemart (A.TREDS), RXIL and M1xchange (Mynd Solutions).View source
All three listed platforms retained.
- Source
- TReDS
- Page / section
- Platforms
- Accessed
- 31 Aug 2026
- Confidence
- high
EligibilitySeller must be an MSME under the MSMED Act; buyers and financiers must fall within the RBI-permitted participant classes.View source
Complete participant table reviewed.
- Source
- TReDS
- Page / section
- Participant eligibility table
- Accessed
- 31 Aug 2026
- Confidence
- high
AvailabilityIndia, through the three listed RBI-registered TReDS platforms.View source
National platform access reviewed.
- Source
- TReDS
- Page / section
- Platforms and participants
- Accessed
- 31 Aug 2026
- Confidence
- high
Discounting rateRLLR-linked; the page does not publish the spread or a final numeric rate.View source
Published pricing statement retained without inventing a spread.
- Source
- TReDS
- Page / section
- Rate of interest
- Accessed
- 31 Aug 2026
- Confidence
- high
Registration documentsApplication; entity KYC, PAN, incorporation certificate, constitutional and address records; promoter/admin/signatory KYC; designated-bank papers; master agreement; bank confirmation.View source
Complete published registration list retained.
- Source
- TReDS
- Page / section
- Documents required
- Accessed
- 31 Aug 2026
- Confidence
- high
Benefits and features
- Invoice discounting through competitive auction
- Without recourse to seller
- Paperless process
- Seller chooses the best bid
- Published T+1 payment after successful auction
- Bank tie-up with all three listed -registered platforms
Eligibility
- Sellers must be under the MSMED Act. Buyers include permitted corporates, government departments, and other -permitted entities. Financiers include permitted banks, factors and financial institutions.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application form
- Applicant-entity
- Certificate of incorporation
- Memorandum and Articles of Association
- Registered-entity address proof
- of promoters, administrators and authorised signatories
- Designated-bank documents
- Master agreement
- Bank confirmation letter
