Benefits & Features Of Cash Credit Loan

Cash credit is a type of short term loan provided to companies to fulfill their working capital requirement. A cash credit is a drawing account against credit limit granted by the Bank and is operated in almost the same manner as a Overdraft account. The distinction between an Overdraft and a Cash Credit is in the nature of the security.

Eligibility

Individual in Single or Joint

Proprietary Accounts

Partnership Accounts

Private Limited Company

Trust Accounts

Documents Required

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

Intrest Rate

13.00 %

Intrest Rate

14.00 %

Intrest Rate

14.00 %

Intrest Rate

13.00 %

Intrest Rate

12.75 %

Intrest Rate

14.00 %

Intrest Rate

13.00 %

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