The Jamkhandi Urban Cooperative Bank Ltd offers Cash Credit (CC) facilities designed to support the working capital needs of traders, small businesses, industrial units, and self-employed professionals. With flexible drawing limits and quick availability of funds, our Cash Credit facility ensures smooth business operations and uninterrupted growth.
Key Features
⇒ Working Capital Support: Ideal for managing day-to-day business expenses and short-term financial needs.
⇒ Flexible Withdrawal: Withdraw funds up to the sanctioned limit anytime as per business requirements.
⇒ Interest on Utilized Amount Only: Interest is charged only on the amount actually used, resulting in cost savings.
⇒ Easy Renewal Process: Annual review and renewal to keep the facility active and aligned with business growth.
⇒ Collateral Options: Secured against stock, receivables, property, or other acceptable securities.
⇒ Convenient Repayment: Pay interest periodically; principal remains available as revolving credit.
Eligibility
Traders, manufacturers, small and medium business owners, professionals, and enterprises maintaining satisfactory dealings with the Bank.
Benefits
For more details on the Cash Credit facility, please contact your nearest branch of The Jamkhandi Urban Cooperative Bank Ltd.