CC and Business Loan

Dnyankrupa Multistate offers Cash Credit (CC) and Business Loan facilities designed to empower small and medium businesses with timely financial support. The CC loan provides a flexible credit line, helping businesses manage their day-to-day working capital needs with interest charged only on the amount used. The Business Loan is ideal for expansion, equipment purchase, or inventory management, offering quick processing, competitive interest rates, and flexible repayment options. Both options ensure smooth operations and financial growth for entrepreneurs.

Aspects

• 1. High Financing
• 2. Loan limit is 60% to 75%of mortgage valuation.
• 3. CC loan is renewed every year.
• 4. Pre-Payment Penalty : 2% Penalty charges.

ROI & Handling Charges

• 1. Rate of Interest is 18%.
• 2. Handling Charges : Half Yearly & yearly handling charges.

Eligibility

• 1. Businesspersons
• 2. Self - employed
• 3. Professionals having regular source of income

Documentation & Security

• 1. In case of new customer, applicant & guarantors need to open savings / current account
• 2. 3 years of ITR
• 3. Property documents.
• 4. Registration certificate.
• 5. Two Acceptable Guarantors.