Loans - HYCC Loan

Title	Description
Purpose	Working Capital for Business, Agency, Trading
Limit of loan:	As per project report/balance sheet (Ratio analysis)
Eligibility:	Small Business, Agency, whole Trade
Rate Of Interest	Upto 5 lakhs - 13% Above 5 lakhs - 12%
Renewal Period	1 to 3 years
Security	Stock, Debtors, work in progress Two guarantors Additional Collateral Security
Other Charges	Valuation fees-As applicable. Processing fee- Up to 50 laks 1% above 50 lakh 0.50%
Documents	Stock Debtors Statements Two guarantor (property holders, Income proof) Last three years profit & loss A/c, balance sheet & IT returns, Audit reports. Photographs, identity proof, age proof, photo proof, residence proof of borrower & guarantor.(as per KYC norms)