Business Cash Credit Loan
Shri Chhani Nagrik Sahakari Bank Ltd.
Companies choose short term loan facility by availing cash credit and overdraft facility. Cash credit is an arrangement where the bank allows the company to withdraw funds over and above the credit that it holds in the account. However, the additional funds are provided as a loan against adequate collateral.
- Higher Self Help Group loan amount availability.
- Low processing time.
- Accountability of transactions.
- Tough repayment timeline.
- Lower rate of interest for loan.