Loan against Credit Card Receivables

These are the loans provided by the banks and financial institutions to the merchants who are receiving the revenue through a large number of transactions at credit card POS terminal. Benefit of Overdraft facility for amount up to Rs. 90% of the credit card POS amount can be taken to meet the liquidity requirements. This scheme is suitable for businesses with large number of transactions like retail shops, E-commerce, health and beauty, fashion and clothing, restaurants etc.



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