Cash Credit

Overview

Extent of Loan: 75% of the stock value

Book Debt: 50% of the book debt

Purpose: Working capital requirement for business

Repayment & Interest

Repayment Period: Continuing facility subject to yearly renewal

  • 12% p.a.

Key Highlights

  • Ideal for meeting day-to-day business working capital needs
  • Credit limit based on stock and book debt value
  • Flexible drawals and repayments within sanctioned limit
  • Annual review and renewal facility

How To Apply

01
Make Contact

Reach us through our Banking Helpline

02
Branch Visit

Locate and visit your nearest branch

03
Get Response

Our team will contact you promptly to process your application