Business Loans

One can avail a cash credit loan to meet the working capital requirements of a business
The borrower will have to provide collateral or security in order to avail a cash credit loan
Interest is levied only on the loan amount availed by the borrower and not on the credit amount sanctioned
Cash credit loan is a short-term loan whereas decided by the lender
The applicant has the option of withdrawing the required amount as sanctioned by the bank in order to meet their needs
The borrower will have the option of repaying the loan on either a daily or weekly or monthly basis
Yearly Renewal option available
You can apply for the loan either individually or jointly
Maximum Limit of Cash Credit is to be 1.5 Crore

For construction of buildings, such as Malls, Shop buildings, Residential Quarters/ Flats,outrate purchase of commercial building
You can apply for the loan either individually or jointly
The maximum repayment period is 10 years
Flexible modes of repayment option
loan limit upto 1.5 Crore’s