Cash Credit

Cash Credit

Eligibility of borrower
  • Having operative current account of the bank / saving account of the bank
  • Having good reputation, experience, credit worthiness and profit making
  • Borrower must be member of the bank
  • Have sufficient score in CIC Reports
Purpose of loan To meet working capital requirement for the business
Proof of Identity PAN Card and Adhar card
Proof of Business Profit and loss statement, Balance Sheet, ITR Returns, Udyam portal registration, Food license ( if applicable ), GST Certificate, Stock register
Quantum of finance Up to 70% of the value of the paid stock
Share linkage 10 Shares
Repayment period Renewal in 12 months
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