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Bank Provide Book Debt Cash Credit to its customer for working capital and day to day need of business.
We offer Book Debt Cash Credit to the customer against their books of account receivable of 90 days.
Book Debt Cash Credit renew every year by the Bank.
The purpose for availing cash credit should retain.
We design our cash credit scheme suitable for wholesalers, stockiest, Manufacturers, retailers, traders etc.
Interest will be debited on monthly basis on all Cash Credit accounts.
Customers have to submit the statement of Book Debt on monthly basis before 10th date of month.
Monthly Drawing power is decided on the basis of monthly Book Debt statement provided by the customer.
2 guarantors are required for this cash credit.
Customers have to provide necessary documents as per Bank’s requirements.
Initial Requirements For Book Debt Cash Credit
Sufficient Colleteral Security is required.
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