Cash Credit Facility
Flexible Working Capital Solutions for Your Business
Cash Credit (CC) Facility
Revolving Credit Line for Business Operations
Cash Credit is a short-term working capital facility extended to businesses against the security of stocks, receivables, and other current assets. It enables you to withdraw funds as needed up to a sanctioned limit, paying interest only on the amount utilized.
Key Features
Revolving Credit
Withdraw and repay multiple times within the sanctioned limit.
Interest on Utilized Amount
Pay interest only on the amount you actually use.
Stock & Receivables Security
Secured against inventory, book debts, and current assets.
Flexible Withdrawal
Draw funds as and when required for business needs.
12-Month Tenure
Renewable annually based on performance and review.
Competitive Interest Rates
Attractive rates based on business profile and security.
Eligibility Criteria
- Proprietorship Firms: Individual business owners with established operations
- Partnership Firms: Registered partnership businesses
- Private/Public Limited Companies: Incorporated businesses with valid registration
- Business Age: Minimum 2-3 years of operational track record
- Profitability: Profitable operations for at least 2 consecutive years
- Credit Score: Good credit history and satisfactory CIBIL score
Loan Amount & Interest Rates
Loan Amount
Minimum: Rs. 5 Lakhs
Maximum: Based on assessment
Margin: 25% to 40% (depending on security)
Interest Rates
Rate: 11% to 14% p.a.*
Type: Floating rate linked to base rate
Calculation: Daily reducing balance
Documents Required
Business Documents:
- Last 3 years audited financials
- Latest provisional financials
- Projected financials
- Bank statements (12 months)
- Stock statements
- Book debts statements
- Partnership deed/MOA-AOA
- Business registration documents
Personal Documents:
- PAN Card of business & partners/directors
- Aadhaar Card
- Address proof
- Passport size photographs
- GST registration certificate
- ITR of last 3 years
- Property papers (if mortgaged)
Processing Charges & Other Fees
| Processing Charges | 0.50% to 1% of sanctioned limit + GST |
| Documentation Charges | Rs. 2,000 to Rs. 10,000 + GST |
| Stock Audit Charges | Rs. 5,000 to Rs. 15,000 (quarterly) |
| Inspection Charges | Rs. 2,000 per inspection |
| Renewal Charges | 0.25% of limit (annual) |
Quick Calculator
Why Choose Us?
- Quick approval within 7-10 days
- Minimal documentation process
- Dedicated relationship manager
- Flexible repayment options
- No prepayment penalties
- Easy renewal process