Cash Credit Loan
PURPOSE

Cash Credit Loan will be given only to the business persons for their business needs.

ELIGIBILITY
  • Indian citizen above 18 years.
  • A person must be a share holder of a Dhanvantari Patsanstha.
  • A person should have business registration certificate.
  • Contact our nearest branch for further details.
MAXIMUM AMOUNT
  • Upto 50% of valuation amount or Rs. 10 Lakh, whichever is lower
REPAYMENT
  • Upto 1 year [maximum].
  • Flexible methods of repayment.
RATE OF INTEREST
Interest @ 10 % p.a., are being calculated on basis of Reducing Loan amount.
DOCUMENTS REQUIRED FOR CASH CREDIT LOAN
  • Business Registration Certificate.
  • Colour photographs, address proof (identity card, pan card, aadhar card, ration card etc.)
  • Mortage Income
  • Paid receipts of all debts on Mortage property.
  • Debter,Co-Debter,Guarantor should produce loan details if loan taken from other banks.
  • Debter should have CIBIL report and it should have rating beyond six hundred
  • Dowload list of all documents required for cash credit loan.