Headquartered in Kalwa, a remote village in Thane in 1972, Gopinath Patil Parsik Janata Sahakari Bank (or the GP Parsik Bank) today has operations spread across Thane, Navi Mumbai, Pune, Nashik, Raigad and Ichalkaranji (Kolhapur). Apart from the regular banking services, the multi-state scheduled bank also offers deposit schemes, and loans & advances.
The Cash credit facility offered by GP Parsik Bank is aimed at helping customers fulfil their business financial requirements.
The bank provides fund-based working capital facility to traders/manufacturers and small & medium--size enterprises. The cash credit facility can be availed for additional stock purchases and loan repayments to trade creditors. The credit can also be availed to meet working capital requirements.
This cash credit can be taken by:
In order to apply for the cash credit facility scheme through GP Parsnik Bank, the applicants will be required to submit the following documents: