Secured Cash Credit Loans
A cash credit is a working capital loan offered to a business entity to meet its working capital requirements. It is a short-term source of finance with a tenure of up to 12 months, which can be renewed upon completion of the loan.
Required Document
| • AGREEMENT BOND |
| • LETTER OF LIEN & SET-OFF |
| • PROMISORY NOTE |
| • LAND EXTRACT |
| • CTS/TMC EXTRACT |
| • VPC EXTRACT |
| • VALUATION / PACHAMATI KIMMAT |
| • CHAKABANDI |
| • 1ST ENCUMBARANCE CERTIFICATE |
| • DIARY EXTRACT |
| • SALE AGREEMENT DEED |
| • LEGAL OPINION |
| • MORTGAGE DEED |
| • DEPOSIT OF TITLE DEED |
| • 2ND ENCUMBARANCE CERTIFICATE |
| • BUSINESS LICENSE COPY |
| • TRADING P & L ACCOUNT |
| • BALANCE SHEET |
| • STOCK STATEMENT |
| • IT RETURN |
| • TAX REGISTRATION CERTIFICATE |
| • AUDIT REPORT |
| • WORK ORDER COPY |
| • AFFIDAVIT |
| • CONSENT LETTER |