Comprehensive information about our Cash Credit facility
| Feature | Details |
|---|---|
| Purpose | Working capital requirement for business operations |
| Credit Limit | Based on business turnover and requirements |
| Interest Rate | Personal Surety or C/C Loan (With Pledge): 15.00% |
| Interest Calculation | Interest charged only on amount utilized |
| Withdrawal | Flexible withdrawal as per business needs |
| Repayment | Flexible repayment options |
| Security | Hypothecation of stocks/debtors or other collateral |
| Documentation | Business documents and financial statements required |
| Processing Time | Quick approval based on documentation |
| Renewal | Annual renewal subject to review |
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