Cash Credit

 

MBI offers cash credit facilities at competitive rates against hypothecation of stock such as raw material, work-in-process, finished goods and stock-in-trade, including spares. Corporates use these funds to meet their routine operating expenses, purchase of raw materials, inventory, etc. Cash Credit facility is granted as a running account facility and the drawing power is determined on the basis of the stock statement provided by the borrower at periodic intervals.

Humanising Financial Services Across Asia.