Home Loan

Cash Credit (CC) Limit – Flexible Working Capital for Your Business

Looking for a reliable way to manage your daily business expenses? A Cash Credit (CC) Limit gives you instant access to working capital so you can handle operational costs, manage cash flow gaps, and grow your business without disruption.

Our CC limit facility is designed for businesses that need flexible funding with interest charged only on the amount utilized.

What is a Cash Credit (CC) Limit?

A Cash Credit Limit is a short-term working capital loan that allows businesses to withdraw funds up to a sanctioned limit. You pay interest only on the amount you use—not on the entire approved limit.

• Residential and commercial conversion can be funded. Agricultural land in green or orange belt can't be funded.
• The plot must be independent or in a gated community.
• The geographic location of the property matters to the lenders. So check with the lender before you apply for the loan.
• The loan to value ratio lower.
• The loan tenure is restricted to 15 - 20 years.
• The rate of interest might be slightly higher when compared to a home loan.
• While taking the loan make sure that there is no condition to start the house construction within a certain period.
• The property bought with the loan for land purchase is for investment and not with the intention to sell.
• This is a riskier investment as it may attract a lot of litigation at the end of the day.
• The land can be however mortgaged in the later stage to meet your financial requirement.