TJSB Cash Credit Limit/Overdraft Limit

A fund based facility for various segments of customers to meet working capital requirements of the business.

All you need to know

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Type of Loan :Cash Credit / Overdraft
Purpose: Working Capital
Repayment: On demand (renewable every year).
Margin :As per Banks policy from time to time.
Rate of Interest :Linked with PLR As per Banks Credit rating.

Who can borrow
Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies
Loan Amount
Need based – within the bank’s exposure limit
Security
Hypothecation of Stock & Book Debts and mortgage of immovable property (preferably commercial).

* “Conditions Apply. Loan at the sole discretion of the Bank”