• Revised Service Charges W.E.F. 01/05/2018 Under Download Section Of The Website Reduction In Rate Of Interest For Cash Credit Hypothecation Limit
  • Cash Credit is also known as Working Capital. Cash Credit is a facility to withdraw the amount from the business account even though the account may not have enough credit balance. The limit of the amount that can be withdrawn is sanctioned by the bank based on the business cycle of the client and the working capital gap and the drawing power of the client. This drawing power is determined, based on the stock and book debts statements submitted by the borrower at monthly intervals against the security by hypothecating of stock of commodities and/ or book debts.
  • The excess withdrawal of cash is made generally on demand from the customer and the customer has to pay interest on the excess amount he/she has withdrawn. The Cash Credit facility is quite useful to those businesses where cash payment like wages, transportation, cash purchases are to be made and the receivables are not realized in time.

CC/Mortgage CC/Clean CC

  • Copy of Last Three years income tax return, Pan Card If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
  • Written & approved confirmation of having No Legal Suit filed against any of the directors. If any such legal suit or proceedings are pending then the details of such legal suit or proceeding.
  • Three copies of Photograph
  • Copy of PAN Card.
  • Address proof-electric bill /telephone bill (any one)
  • Photo proof-Pan card / Voter card / Driving license (Any one)

Gaurantor Details

  • Photograph-two Copies
  • Last Text Bill
  • Last income text return copy
  • Address proof-electric bill /telephone bill (any one)As per KYC norms
  • Photo proof-Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms


  • Applicant has to take share @ 2.50% to 5.00% of the limit.
  • Processing charges will be levied on sanction amount as per rules.