💼 Cash Credit / Working Capital Loan
Worried about cash for working capital? Don’t worry! Jalore Nagrik Sahkari Bank Ltd. is here to support your business by providing cash credit at competitive interest rates that suit your needs.
🎯 Purpose
To provide working capital finance to Traders, Businessmen, Professionals, Self-Employed individuals, and other trustees.
👥 Eligibility
- Traders, businessmen, professionals, self-employed persons, and other trustees seeking working capital finance
💰 Amount & Margin
- Loan Amount: Based on the 3-year balance sheet authorized by a Chartered Accountant
- Margin: 40% stock margin required
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security
- Equitable Mortgage of Property
- Security Mortgage double the loan amount
💳 Repayment
Monthly installment deducted from the borrower’s account. If the borrower receives salary through the bank’s savings account, the installment will be deducted from that account or paid via postdated cheques.
** Terms & Conditions Apply **
For more information, please contact your nearest branch of Jalore Nagrik Sahkari Bank Ltd.