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.
- 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.
| 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.
Sharad Sahakari Bank Ltd., Manchar
A/p. Manchar, Tal. Ambegaon, Dist. Pune Pin - 410503 Maharashtra, India.
02133-223603, 02133-223103, 02133-225450
Toll free no. - 18002332124
