HP/Cash Credit

Banas Bankoffers HP/ Cash Credit and Term Loan facilities to traders, processors, aggregators and other businesses in rural and semi-urban locations with quick sanction basis simplified documentation.

Banas Bank provides Working Capital facility to the industry to finance day-to-day requirement. The working capital funds are generally required for purchase of raw materials, stores, fuel, for payment of labour, power charges, for storing finished goods till they are sold out & for financing the sales by way of sundry debtors / receivables. Cash Credit (CC) is granted against hypothecation of stock such as raw materials, work-in-process, finished goods and stock-in-trade, including stores and spares.