A cash credit loan is a type of short-term working capital loan that allows you to withdrawal funds from a pre-approved limit as per your business needs.

1. Hyp. Cash Credit Loan
2. Secured Cash Credit Loan

• Eligibility: individual in Single or Joint,Proprietary Accounts,Partnership Accounts,Private Limited Company,Trust Accounts.

• Purpose: Business expansion.

• Rate of Interest: Cash Credit - 14.00 % in 3 years  ,  Cash Credit(Adhoc Limit) - 15.00 % in 3 Months.

• Security: Stock against, Reporter.

• Processing Fees: As per bank policy.

• Share Holding: 2.50% of the loan amount.

• Document: Duly filled in Account Opening Form with valid residential proof, PAN Number, 1 photograph and introduction by existing account holder of the Bank.

• Insurance: Insurance of property charged to the bank.

• Other: other term and conditions are also applicable.