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Cash Credit

  • 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  • The interest rate is charged only on the amount withdrawn and not on the total sanctioned limit.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.Cash Credit is a short term loan approved by banks for businesses, financial institutions and companies to meet their working capital requirements. 

Documents Required:

  • KYC for all borrowers and guarantors
  • Photo
  • Shop Act
  • 2 guarantor
  • Any bank requires a document
  • Income Proof.