• Loan Limit : Maximum Upto Rs.400.00 Lacs.
• Repayment : On demand. (Renewable yearly)
• Rate of Interest : Attractive rate of Interest.
• Margin : 20 – 50%
• Interest Calculation : Interest calculation on daily reducing balance.
• Purpose : To meet working capital Requirement.
• Security : Hypothecation of Stock ,furniture, fixture, plant & Machinery, Book Debts and Registered Mortgage of Immovable Property.
• Guarantors : Min Two Guarantors acceptable to bank.
• Shares Contribution : Main Share of Rs.1000/- + Additional shares of 2.5% of loan amount.
• Charges :
• Processing Fess : 1% of loan amount + applicable G.S.T.
• Stationery Charges : Upto 1 Lakh Rs. 100 + applicable G.S.T.
  More than 1 Lakh Rs. 200 + applicable G.S.T.
• CERSAI, Franking Charges, Property Valuation, Search & mortgage Fess as applicable
• Condition : The turnover in cash credit a/c must be more than 5 time of sanctioned limit

Documents Required :

• Loan application
• PAN Card, Address Proof, latest Photograph, of the Applicant and Guarantors.
• All property Related Documents.
• In case of Businessman :
• Proof of Business ( Shop Act, Food & Drugs License etc. as per applicability)
• Last 3 years ITR, P& L A/c , Balance sheet
• Last 6 months bank statement of business
• Insurance : Insurance cover of Stock, Shop, factory, Plant & Machinery, Furniture & Fixtures and Immovable Property as per bank’s policy.
• Any other documents as required by the bank at later stage.