CC/OD Facility

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Yashika Financial Services Overview

Revolving Credit Facility

Flexible credit line for efficient cash flow management

What is CC/OD Facility?

Cash Credit and Overdraft facilities provide revolving credit lines that offer businesses the flexibility to withdraw funds as needed within an approved limit. Unlike term loans, you only pay interest on the utilized amount, making it a cost-effective solution for managing working capital fluctuations. Whether handling seasonal demands, bridging payment cycles, or managing day-to-day expenses, CC/OD facilities ensure uninterrupted business operations with maximum financial flexibility.

Credit Limit: ₹5,00,000 - ₹1 Crore
Interest Rate: From 11.5% p.a.
Tenure: Renewable annually
Interest: On utilized amount

Perfect For

Daily Operations
Inventory
Vendor Payments
Seasonal Business
Salaries
Cash Flow
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Yashika Financial Services Why Choose Us

Best CC/OD Facility Provider

Flexible credit solutions for dynamic business needs

01

Revolving Credit

Withdraw and repay multiple times within your approved limit.

02

Pay on Usage

Interest charged only on the amount and duration utilized.

03

High Credit Limit

Get credit line up to ₹1 crore based on business profile.

04

Annual Renewal

Facility reviewed and renewed annually for continued access.

05

Quick Access

Instant access to funds when you need them most.

06

Business Growth

Manage working capital efficiently for business growth.

Yashika Financial Services Quick Application

Apply for CC/OD Facility

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Yashika Financial Services Eligibility

CC/OD Facility Eligibility

Basic Eligibility

Business Type

All registered business entities

Business Vintage

Minimum 2 years operational

Age

Between 25 to 65 years

Credit Score

750+ for better limits

Financial Requirements

Annual Turnover

Minimum ₹25 lakhs per annum

Profitability

Consistent profitable operations

Security

Inventory, receivables, or property

Bank Account

Current account with good track record

Yashika Financial Services Documentation

Documents Required

Keep these documents ready for facility approval

Identity Proof

Aadhaar / PAN / Passport

Business Registration

Certificate / MOA / Partnership Deed

Financial Statements

Balance Sheet, P&L, ITR for 2-3 years

Bank Statements

Last 12-18 months account statements

GST & Tax Returns

GST returns and income tax filings

Stock Statement

Inventory details and stock reports

Yashika Financial Services Features & Benefits

CC/OD Facility Advantages

01

Revolving Facility

Use and repay multiple times

02

Interest on Usage

Pay only for utilized amount

03

Flexible Withdrawals

Withdraw anytime within limit

04

No EMI Burden

Interest-only payments option

05

Annual Review

Limit can increase with business

06

Working Capital

Ideal for managing cash flow

Yashika Financial Services More Options

Explore Other Loans

Find the perfect loan solution for your needs

Personal Loan

Business Loan

Home Loan

Car Loan

Education Loan

Mortgage Loan

Loan Against Receivables

Bridge Funding

Machinery Loan

Working Capital

Construction Finance

Lease Rental Discounting

Equity Funding

CGTMSE Loan

Yashika Financial Services Success Stories

Client Testimonials

Real experiences from businesses using CC/OD facilities

"Got ₹50 lakh CC limit from Ketan sir's team. Pay interest only on utilized amount. Perfect for managing our seasonal inventory needs!"

Dinesh Shah

Textile Trading, Surat

"Overdraft facility solved our cash flow challenges. Flexible, cost-effective, and easy to manage. Highly recommend Yashika Financial Services!"

Meera Nair

Manufacturing Unit, Mumbai

"CC facility with ₹30 lakh limit helps us manage supplier payments smoothly. Great rates and professional service throughout!"

Rakesh Jain

Wholesale Business, Delhi

Need Flexible Credit Line?

Apply now for CC/OD facility and manage cash flow efficiently

Apply Now

Yashika Financial Services CC/OD FAQs

Got Questions?
We Have Answers

Find answers to commonly asked questions about CC/OD facilities.

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What is the difference between CC and OD?

Cash Credit (CC) is secured against inventory/stock/receivables with a drawing power calculated based on stock value. Overdraft (OD) allows withdrawals beyond your bank balance up to an approved limit, usually secured against FD, property, or securities.

How is the credit limit determined?

The credit limit is based on your business turnover, profitability, credit history, security offered (inventory/receivables/property), and working capital needs. Typically, it's 70-80% of the value of current assets pledged.

Can I withdraw the full limit anytime?

Yes, you can withdraw any amount up to your approved limit anytime. For CC, the drawing power varies with stock value. For OD, you can utilize the full limit as needed. Interest is charged only on the utilized portion.

What are the repayment terms?

CC/OD facilities are revolving credits. You can pay interest monthly and repay principal anytime, or follow a structured repayment plan. The facility is renewed annually, allowing continuous access to funds for business operations.

What security is required for CC/OD?

CC is typically secured against stock, book debts, or receivables. OD can be secured against FDs, property, NSC, or other securities. The type of collateral depends on the facility amount and your business profile.