Line of Credit is a unique credit facility given to our loan applicants, wherein you are approved for certain limit of credit/ loan, for a said duration. The monthly installment for Line of Credit will consist only of the interest amount and will not have a principal component on a monthly basis. The principal amount of loan is to be repaid at the end of the tenure of the facility. You can deposit the funds when in access and withdraw fund when required in business, and you will be charged interest only on the amount utilized by you. The limit may drop along the tenor (drop line) or remain constant throughout the tenor, giving you maximum availability of funds throughout the tenor.

The Working Capital Loan tenure can range from 12 months to 36 months.

The interest rate is fixed.

Through NACH or other prescribed modes to our Group NBFC wherein your account will automatically get debited on due dates.