Business Overdraft

LOAN SCHEMES

Business Overdraft

  • Max Loan Amt - As per Permissible Bank Finance Calculated
  • Rate of Interest - 10.50%
  • Guarantor - 2 (Income Tax Payer & Property Holder)
  • Membership - A Class with 2.5%
  • Security - Stock, Trade, Debts, collateral Property

Documents

  • Application
  • Financial Statement of Nearest Year
  • Stock Statement, Debtors-creditors List
  • Property abstract with search and valuation

Who Can Apply?

  • Traders, Engineers, Contractors, Businessmen