Banas Bankoffers HP/ Cash Credit and Term Loan facilities to traders, processors, aggregators and other businesses in rural and semi-urban locations with quick sanction basis simplified documentation.
Banas Bank provides Working Capital facility to the industry to finance day-to-day requirement. The working capital funds are generally required for purchase of raw materials, stores, fuel, for payment of labour, power charges, for storing finished goods till they are sold out & for financing the sales by way of sundry debtors / receivables. Cash Credit (CC) is granted against hypothecation of stock such as raw materials, work-in-process, finished goods and stock-in-trade, including stores and spares.
Features
• Loan amount can be availed from minimum of 5 lakhs up to 40 lakhs.
• Facility renewal at end of 12 months from the date of availing this facility
• No Commitment charges
Documentation
• Duly filled in application form signed by the customer.
• KYC Documents
• Relevant financial documents
• Bank account statement of last 6 months
• PAN card/Form 60
• Business Proof
The Banaskantha District Central Co-operative Bank Ltd.
Head Office, "Banas Bhavan"
Deesa Highway, Palanpur. Pin-385001
TOLL FREE NUMBER FOR ATM CARD: 1800 123 6230 , 1800 833 1004 , 1800 123 6230
For Internet & Mobile Banking Query:6352978676
For Loan Query:02742-252374
Banas Bank is Registered With DICGC
Copyright © 2018-2023.All rights reserved to The Banaskantha District Central Co-operative Bank Ltd.