Cash Credit (CC)
Cash Credit is an arrangement whereby the banks allow borrowers to draw amount up to a specific limit. the amount is credited to the account of the customer. the customer may withdraw the amount as and when he requires. Interest is drawn on the amount actually withdrawn. Cash credit is granted as per terms and conditions agreed by the customer.
Cash Credit is an arrangement whereby the banks allow borrowers to draw amount up to a specific limit. the amount is credited to the account of the customer. the customer may withdraw the amount as and when he requires. Interest is drawn on the amount actually withdrawn. Cash credit is granted as per terms and conditions agreed by the customer.
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