Cash Credit

💼 Cash Credit Facility

The Cash Credit (CC) facility offered by Vaishya Sahakari Bank Ltd. is designed to meet the working capital requirements of businesses. It provides convenient access to funds for day-to-day operations such as purchasing raw materials, managing inventory, or meeting other short-term financial obligations.


Key Features

💰 Flexible Borrowing Limit: Based on the value of your stock and receivables.

🔁 Revolving Credit: Withdraw and repay any number of times within the sanctioned limit.

📅 Continuous Access: Funds available as and when required — no need for repeated loan applications.

📉 Interest on Utilized Amount: Interest is charged only on the amount actually used, not the full limit.

🏦 Security: Usually secured against stock, receivables, or other approved collateral.


Eligibility

  • Proprietorships, partnerships, companies, and other business entities engaged in manufacturing, trading, or services.
  • Applicant must have a satisfactory financial track record and repayment capacity.

Documents Required

  • Business registration documents
  • Financial statements (last 2–3 years)
  • KYC documents of proprietor/partners/directors
  • Stock and debtor statements
  • Collateral/security papers (if applicable)

Benefits

  • Helps maintain liquidity and smooth business operations
  • Reduces dependence on long-term loans for short-term needs
  • Enhances business creditworthiness