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- Cash Corporate Guarantee Backed Facilities
Cash/Corporate Guarantee backed Facilities
The Cash/ Corporate Guarantee backed lending program aims to provide a comprehensive solution for the financing requirements of traders, manufacturers and service providers. Corporate can avail overdraft against the fixed deposits or a corporate guarantee provided by a financially strong parent entity.
Features & Benefits
No need to liquidate investments
Avail overdraft against the fixed deposits without any need to liquidate fixed deposits for financing your intermittent financing requirements
Earn while you borrow
Continue earning better rates on your fixed deposits and avail yourself an "on tap" credit
Pay interest only on what you use
Interest is charged only for the tenor the funds are drawn
Convenient and digital
The process is fully digital, and limits are available up to 90% of the fixed deposit amount.
This account comes with a host of unique features:
- Zero Monthly Average balance Requirement
- Extended benefits in cash deposits, withdrawal, chequebook, NEFT and RTGS
- Nil Monthly Service charge
- Classic , Supreme and Platinum options available for debit card. Click here
Contact Us
To avail the facility, please visit our nearest Branch/RM
