Cash Credit Facility
| To meet working capital requirements of proprietors. | ||
| Loan amount | As per the bank’s prevailing policy | |
| Eligibility | Available for proprietary concerns partnership Firm / private / public limited companies | |
| Margin | 40% | |
| Tenure | Maximum 12 months (subject to renewal every year) |
|
| Guarantors | Not applicable | |
| Security | Hypothecation of stocks or book debts and immovable property or other tangible securities | |
| Interest Rate | As per the bank’s prevailing policy | |
| Processing Charges | Decided by bank from time to time | |
Visit nearest branch for any additional information.
