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It is a short-term loan with a repayment period of up to 12 months.
- The interest rate is charged only on the amount withdrawn and not on the total sanctioned limit.
- You can withdraw money as many times as required from within the sanctioned limit.
- It is offered even if you have not collateral or security.
*Interest Rate:
Interest Rate for Cash Credit Installment is 13.50%.
*Documents Required:
- Customer KYC
- Two Gurantor and Their KYC
- Collateral security
- Income Proof
- Bank Cheque.
- Latest Income tax return for 3 years.(if available)
- Business proof.
- Passport size photos required of borrower as well as guarantors.