Loans
Cash Creadit Loan
Aspects
- High Financing
- Loan facility is available only for business purpose.
- Renewal of Cash Credit loan is necessary every year.
ROI & Handling Charges
- Rate of Interest is 15%.
Eligibility
- Businesspersons.
- Self – employed
- Professionals having regular source of income
- Age : 18 to 55 years
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account
- Duly filled form with :
- Income Proof of Applicant&Guarantors
- Residential Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- KYC of Applicant & Guarantors
- 3 years of ITR
- Property documents.
- Registration certificate.
- Two Acceptable Guarantors.
Share Holdings
- Regular Membership fees is Rs. 10 & Share amount @ 10% of loan amount.
- Guarantors : as per loan amount.