Secured Overdrafts

Expand your business reach by utilizing this running overdraft facility to meet the working capital requirements of your business for day-to-day business operations against the stocks / immovable properties that are viable to be considered as security according to the Bank's guidelines. This facility is provided to trading firms, manufacturing units, processing units, transport operators, hospitals, hotels, restaurants, small and medium business entities, wholesalers / small retailers, etc. Benefits include quick processing, personalized service and convenient documentation.

Security

Primary Security: Stock of raw materials, finished products, work in progress, machinery, equipments, consumables, receivables, etc.

Collateral Security: Immovable properties like Land and Building, House properties open plots, industrial sheds, duly registered with Sub Registrar Office and with building permission from the competent authorities

Limit Eligibility

Working capital limits are assessed based on:

20% of projected sales of the concern during the next one year.

75% of the working capital gap of the concern.

50% of the security offered including movable and immovable assets.

Facilities

Cheque Book facility at a reasonable charges.

SMS Alerts

7 day week banking – Sunday Banking (Except on holidays declared under N.I. Act)

Electronic Funds Transfer facility through RTGS, NEFT & IMPS..

Statement of Account through e-mail for easy and convenient access and reconciliation

Offers

Special offers on your debit card.

Gold Loans Lower ROI of 11.75%

Adarsh Bank

Steered by the motto of Safety, Profitability and Liquidity, we at Adarsh Cooperative Urban Bank are into our 21st year of operation and have emerged as the one of the foremost and fast growing Banks in the cooperative banking sector of Andhra Pradesh, commanding a good standing and reputation among customers and banking community.