Cash Credit / Overdraft

Suvarnayug Bank offers Cash Credit to various segments of customers for their working capital requirement. This is a fund based facility to help fund working capital requirements of the business.

Benefits :

  Rate of Interest:
TLinked with PLR As per Banks Credit rating.

As per Banks policy from time to time.

On demand (renewable every year).

Working Capital

  Type of Loan:
Cash Credit / Overdraft

  Who can borrow? :
Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies

  Loan Amount:
Need based – within the bank’s exposure limit

Hypothecation of Stock & Book Debts and mortgage of immovable property (preferably commercial).