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6th January 2017, 10:30 AM
Super Moderator
 
Join Date: Aug 2012
Re: State Bank Of India CC Loan

Well the State Bank Of India provide a very good scheme for the Crash Credit card

Eligibility

Profit making Corporates/Non-corporates (surface transport operators) owning more than 10 well-maintained vehicles (including the proposed).

Recovery

Cash Credit : 80% of receivables.

SBI cash credit can be in the form of a running account, similar to an overdraft secured by a charge on current assets, that meets the frequent cash requirements of your trading cycle.

Repayment Time

Repayment will be in Equated Monthly Installments (EMI), starting two months after disbursement. Cash Credit: Repayable on demand, renewal every year.

Loan Amount

Minimum Rs. 10 lacs

Maximum Rs. 10 crores for Corporates.

Service Included

Internet Banking

Mobile Banking

ATM Services

Demat Services

Service Charges & Fees

Aadhaar Seeding

Cash Deposit Machine


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