Updates:
Working Capital Loan
Our Bank provides cash credit loan facility for working capital to meet short term funding requirements.
Brahmadeodada Mane Co-op Bank consists of highly experienced professionals who are committed towards understanding your business needs and develop a long term satisfying relationship.
- Loan Against Stock and Receivables/Working Capital
-
75% of stock and Receivables
-
Maximum Repayment period is 12 Months (To be renewed every year)
-
Help to improve your Business by our finance team.
-
Service Charges and liking share capital contribution will be as per policy of the bank
-
Additional security required as per Bank’s prescribed norms.
-
Current account with our bank from six months.
Working Capital Loan Required Documents
Basic documents required for Working Capital Loan.
- Registration/incorporation/commencement of business certificate according to related entity
- Brief history and profile of Company/Firm and it’s promoters.
- CIBIL Report
- Bank Statements for last 12 months of all existing loan /OD accounts
- Audited Financial Statements, copy of ITR and computation of income for last three financial years of the company/firm.
- Net worth of related entity’s directors/partners/proprietor
- Sanction Letter of an existing bank/financial institute limit (if any).
- Any other documents as required by the bank at a later stage
- Requirement of other documents will be advised as per necessity of proposal.
Rate of Interest offered
Account Interest Rates Per Annum
Loan Amount
|
Rate Of Interest
|
Experience a New Banking
Banking with new & exciting features.
