Cash Credit Loan

Cash Credit is also known as Working Capital. Cash Credit is a facility to withdraw the amount from the business account even though the account may not have enough credit balance.
- No any Hidden charges.
- Simple documentation.

Documentation

- Identity ,Address proof & income papers of Borrower and both Guarantors
- Stock statement, creditors- debtors list along with financial documents of borrower.
- search report , valuation of property extract.

Rate Of Interest

Loan Scheme Loan Amount If CIBIL Score is 750 and above Rate of Interest Rate of Interest
A) Small & Medium Business Cash Credit loan Below 25 lakh 10.50% 11.00%
B) Cash Credit loan(General) Above 25 lakh Interest rate as per credit rating policy (10.00% TO 12.25%)
C) Medical and Petrol Pump Cash Credit loan Below 25 lakh 10.00% 10.50%

Regular Monthly Loan repayment (loan installment/interest) will be credited monthly with 2% rebate discount on the original loan interest rate.

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