Cash Credit Loan

The Nadiad Peoples Co-op Bank offers a Cash Credit Loan, which is a short-term facility allowing businesses to withdraw money from their account up to a certain limit without maintaining a credit balance.

Key features to note:

• It is a short-term loan.
• It enables withdrawal of funds without a credit balance, up to a set limit.
• The interest rate for the Cash Credit Loan is around 10% per annum (this may vary, so it's best to confirm with the bank directly).
• The loan is typically for a period of 1 year, and annual renewal may be required.

For detailed information on eligibility criteria, required documentation, and the most up-to-date interest rates, it is recommended to directly contact The Nadiad Peoples Co-op Bank.