Need to know how to pay my interest charges of working capital loan
Need to know how to pay my interest charges of working capital loan
Interest is charged only on the amount that has been actually used up by the borrower and it is auto debited from the borrower account held with the Bank. These loans do not have any monthly EMIs. To know about the different types of working capital loans, follow the below steps: 1) Go to www.kotak.com 2) From the dropdown select Business 3) Under business click on explore products 4) Click on working capital and you can check out the features, eligilibility, fees and charges of each product
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