SME Cash Credit (Hypo) Loan

Product features

• SME Cash Credit (Hypo) is a short term continuous loan provided to the SME Business to fulfill their working capital requirement against inventory
• The interest on this facility is charged on the day end outstanding balance of the loan account

Repayment

• Customer will provide interest once in a quarter.
• Customer required to adjust entire loan amount once in a quarter.

What will need to apply

• Business Experience minimum 2 years
• Valid Business Tread License
• NID of the applicant & Guarantor
• Business financials
• Collateral Security