Cash Credit Working Capital loan against securities
of stock of marketable goods

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  • Cash Credit Working Capital loan against securities of stock of marketable goods

Eligibility :

  • Affiliated Co-operative Societies with upto date Audit Report.
  • Proprietary && Partnership firms, Individual, Public & Private limited Companies incorporated under Indian Companies Act & have a Bank A/c in the Bank.

Maximum amount of loan :

  • Pledge - Margin - 30%
  • Hypothecation - Margin - 30%

Repayment : Limit shall be sanctioned for one year with a probation of renewal.

Interest : Interest decided by the Bank from time to time.

Insurance : As per Bank’s Rules & Regulations.

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