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Tag: business line of credit

Personal Vs Business Line Of Credit: Key Differences You Must Know

Line of Credit

When you need flexible access to funds, a Line of Credit is a popular choice. A line of credit is a set amount of money that banks and financial institutions let you borrow from whenever you need, up to a …

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“Open is a technology platform – it is not a bank and does not hold or claim to hold a banking license. The business current accounts, VISA corporate cards, business loans and other similar banking services/financial services offered on the Open platform are provided by RBI-licensed banks and financial institutions. All funds in the Open powered business current account are insured as per limits prescribed under the RBI’s deposit insurance scheme. The banking services/financial services offered on the Open platform are powered by our partner banks/financial institutions and follows all security standards and legal requirements prescribed by the partner bank/financial institution, in accordance with extant RBI regulations.”

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