Secured Cash Credit

A Secured cash credit loan is a short-term source of finance, having a tenure of up to one year. Under the short-term finance option, the bank offers its applicant to take a loan up to a certain limit depending on their credit history. This type of loan is extended to businesses and companies to fulfill their working capital requirement.


  • Individual/ H.U.F., Proprietorship/Partnership firm/Company/LLP


  • Maximum 7 Crore


  • Every Year Renewal Required.
  • Amount of loan can be up to 60% distress sale value of the property/ as per the requirement

Documents required

  • ID and Address Proof
  • PAN Card
  • Agreement/Construction Estimate
  • Security for Loan
  • Existing Track Record
  • Balance sheet and other supporting financials
  • Proof of Income/Self-assessment from borrower
  • Valuation Report
  • Non-encumbrance and Title Report
  • Area should be approved by a competent authority
  • Copy of property insurance with Banker's clause


  • Two guarantors (who holds property and share holder of SKNSBL)

*All loans are applicable to actual bank charges which include valuation, legal and all actual bank charges

To know more visit your nearest branch.