Cash Credit Hypothecation (Without Mortgage)

Title Description
Purpose For current capital consumption to run business with better output
Type OD/Turnover
Eligibility All businessmen who is also share holder (regular/PNCPS)
Rate of Interest For rate of Interest click here click here
Share Linking As per Bank rules
Repayment One year
Share Linking As per Bank rules
Security PDC cheque
Guarantee Oone or two who have own property as per bank requirement