Cash Credit Loan
Cash Credit Loan
A Cash Credit (CC) Loan is a short-term working capital loan provided to businesses to meet their day-to-day operational expenses. It allows businesses to withdraw money from their current account up to a certain limit, even when the account balance is zero. Interest is charged only on the amount used, not the entire limit. It is ideal for managing cash flow, inventory, payroll, and short-term business needs.
Cash Credit Loan
Application Process
Business should have a stable turnover and operational history (usually 1–2 years or more).
Apply with details of your business, bank account, and cash flow requirements.
The bank assesses your financial health, past repayment history, and sets a credit limit.
Once approved, you sign the CC agreement, and the limit is set up in your current account.
