Tuesday, 9 August 2016

Document required for cash credit

Documents Required For Applying to Bank for Cash Credit:- Photograph : main applicants ID proof : Pan card/ Passport/c Driving License Signature Proof : Pan card/ Passport/Driving License Age Proof : Pan card/ Passport/Driving License/DOB Certificate Residence Proof : Passport/ Voter Card/Driving License/Ration Card/ Telephone Bill. Office Proof : Telephone Bill/ Sales Tax registration certificate/ Electricity Bill Ownership Proof : Electricity Bill/house tax/property papers Income Proof : last 3 years audited financial along with audit report with all Bank statement : main account last 6 month. Sanction letter of existing Cash credit or overdraft limit availed by the company. Collateral Security : Property papers which are offered. Constitution proof : MOA/ partnership deed Others : any Govt. registration like service tax, sales Tax, excise, Loan Proof : Repayment Schedule of all running loans

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