Cash Credit Loans

Cash Credit Loans

Limit per Borrower: Maximum Limit Rs.500.00 Lacs
Margin Money: 25% of Valuation of Stock.
50% of Book Debts (Max 90 days old) Margin can be adjusted if 100% collateral Security is offered.
Rate of Interest: 8.45%
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Guarantors: Two guaranters (who holds property)
Collateral Security: 200% of Loan Amount.
(Immovable Property / FD / NSC / KVP / LIC Policy etc.)