...
  1. Home
  2. Cash Credits

Cash Credits

A Cash Credits (CC) facility provides businesses with an overdraft facility on their current account, allowing them to withdraw more money than their available balance. This credit is typically provided for short-term financial needs and is secured by the assets of the business, such as inventory, accounts receivable, or other business assets.
Cash Credits designed to offer businesses quick, flexible access to funds and helps manage day-to-day operational expenses without the need for a long-term loan.

Overview

  • Working capital finance for Small & Medium Enterprises
  • Working capital finance for Traders & Contractors
  • Working capital finance for Service providers
  • Working capital finance for |Small business, Professional & Self Employed

Eligibility

  • Borrowers can be Individuals, proprietary, partnership concerns, SHGs, Companies, Trusts in MSME segment (service units) engaged in contractor/sub- contractor activity and falling within the meaning of Micro, Small & Medium Enterprises as defined in MSMED Act, 2006
  • Satisfactory dealings with the Bank

Additional Info

  • Low Margin
  • Wide Repayment : upto 7 yrs
  • Low processing charges
  • Hassle free documentation etc.

Rates & Others

  • Click HERE for more details about Deposit interest rates& Service charges.
  • For more quries please contact to your nearest branch
May i help you?
Help