Cash Credit Loan
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Money On Need
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.
Contact the Branch →Cash Credit Loan Application Process
- 01
Check Eligibility
Business should have a stable turnover and operational history (usually 1–2 years or more).
- 02
Select Purpose of Loan
Apply with details of your business, bank account, and cash flow requirements.
- 03
Provide Required Documents
Submit business registration documents, bank statements, income tax returns, GST returns, and financial statements.
- 04
Credit Assessment
The bank assesses your financial health, past repayment history, and sets a credit limit.
- 05
Approval & Agreement
Once approved, you sign the CC agreement, and the limit is set up in your current account.
- 06
Withdraw & Use
Withdraw as needed for business purposes; interest is paid only on the amount utilized.