#1
5th January 2017, 05:28 PM
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State Bank Of India CC Loan
Hi I want to have the Crash Credit loan from the State Bank Of India so can you please tell me the eligibility and the and loan amount that can be provided??
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#2
6th January 2017, 10:30 AM
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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 |