CASH CREDIT LOAN

CC loans for SMALL BUSINESS

  •  Cash Credit is a short-term funding or loan  to meet its working capital requirements
  • ELIGIBILITY
  • All individuals having existing small business within district of Darjeeling and must be a permanent resident of Darjeeling District
  • The proposed Borrower shall have to be a major i.e. 18 years of age on the date of filing loan application.
  • 10% Margin Money will be kept in the Bank at least for 3 years
  • QUANTUM:
  1. Maximum: Rs. 3,00,000/-
  2. Minimum: Rs. 30,000/-
    • Rate of Interest: 14.00% p.a(simple intt) on reducing interest basis
    • Tenure:36 months
    • Please contact your nearest DDCCB branch for additional information.
      • Terms & conditions apply

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