CASH CREDIT

PURPOSE

Financing the Business Working Capital requirement

ELIGIBILITY
  1. Retail and Wholesale traders/General Merchants/Business Units
  2. Professions & Self Employed/ Service Providers
LOAN AMOUNT

Maximum as per Bank's Exposure Limit

MARGIN

Min:: 25% of Working Capital Required

INTEREST RATE

As prescribed by the Bank, interest will be applied on monthly compounding basis