Purpose | For Working Capital (Loans Sanctioned From 01/04/2023) |
Hypothecation Cash Credit Upto 1 Crore : | 11% |
Hypothecation Cash Credit Above 1 Crore : | 10% |
Cash Credit Against Property (60% of Property Valuation) : |
11% |
Hypothecation Cash Credit to Building Contractor/Developer : |
12.50% |
Duration: | 1 year (renewable) |
Clean Cash Credit (Unsecured) Maximum Limit is of Rs. 5,00,000. - Rate 15% |
Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.
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