C C LOAN :

• Interest charged monthly.
• Limit sanctioned generally 20% of sales.
• Equitable Mortgage of property for full value.
• Operations in the account as in current account.
• Stock statement to be submitted to Bank quarterly.
• Limit can be granted to a business man for his day to day requirement.
• Lower in comparison to OD or LAP.

Overdraft limit against Property :

• ROI applicable as per Chart
• Interest charged monthly.
• Processing Charge @ 0.50% of the Loan Amount.
• Sanctioned to reputed firms or in the name of proprietor/partner etc.
• Sanctioned generally to traders in the name of firm or can be sanctioned in the name of person in whose name property is registered.