Accommodate immediate monetary concerns with a short-term loan that is based purely on your current account transactions and repayment capacity.
- Providing movable or immovable securities not mandatory.
- Any customer/corporate/business with a good credit history is eligible to apply, with the additional requirement of a current account at a reputed commercial bank having a good transaction history and operating for minimum of years.
- Minimum of 3 months and maximum up to 12 months.
- Post-dated cheques given against customers’ main current account and the number of required cheques will depend on the loan period.
- Personal guarantors required in addition to obtaining post-dated cheques.
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