Nagarik Sahakari Bank Ltd., Bhiwandi offers *Cash Credit Loan* facilities to meet the working capital requirements of traders, manufacturers, professionals, and business enterprises. This flexible credit facility helps businesses manage day-to-day operational expenses efficiently.
Key Features
► Flexible borrowing limit based on business turnover and requirement
► Interest charged only on the amount utilized
► Revolving credit facility within the sanctioned limit
► Suitable for trading, manufacturing, and service sectors
► Easy renewal and convenient operations
Purpose of Loan
► Purchase of raw materials and stock
► Meeting day-to-day business expenses
► Managing seasonal or fluctuating working capital needs
► Supporting business growth and continuity
Eligibility
► Individuals, proprietorships, partnerships, firms, and companies
► Existing and new customers with satisfactory business track record
► Compliance with bank’s credit norms and KYC requirements
Security
► Hypothecation of stock, receivables, or book debts
► Collateral security, if required, as per bank policy
► Personal or third-party guarantee, wherever applicable
Repayment
► Operated as a running account
► Annual review/renewal subject to satisfactory account conduct
Benefits
► Improved cash flow management
► Financial flexibility for smooth business operations
► Competitive interest rates
► Personalized service and quick processing
