Banks & Banking Services #13172278

Alike CC limit, on OD limit also we pay as we used the amount of loan out of the amount sanctioned.OD limit may be secured or unsecured. Amount of secured limit may be from INR 20 lacs to INR 5 crores having rate of interest starting from 8% pa and amount of unsecured limit may be from INR 10 lacs to INR 40 lacs having rate of interest starting from 16% pa.

Looking for working capital for your business, we may assist you to get secured cash credit limit against either fixed assets (land or building) or current assets (inventory) from the bank to meet your working capital needs.
CC limit amount may be about to 70% of the value of the security with rate of interest starting from 8% pa with a periodical renewal.
Kindly note you will pay interest only on the amount used out of the CC limit and only for the period of use of the amount withdrew.