Hypothecation Loan

  • Hypothecation cash credit facility is available as a working capital for development of business against prime security of stock and collateral Security. Trading / Manufacturing units, Traders, Business community can avail the credit facility.

Applicant details

  • AADHAR CARD and PAN Card Compulsory
  • Last three years balance sheet, copy of income tax return.
  • Three photographs of Applicant
  • Tax bill of Property
  • Business proof / Bank Statement copy of Applicant
  • Applicant’s Pan card / Partner’s Pan Card / Limited Company’s Pan card
  • Address proof – electric bill /telephone bill (any one) as per KYC norms
  • Photo proof – Pan card / Voter card / Driving license (Any one) as per KYC norms
  • Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
  • Gumastdhara / Taluka Panchayat License

Guarantor Details

  • AADHAR CARD and PAN Card Compulsory
  • Photograph-one copies
  • Last tax bill
  • Last income tax return copy / Pay slip of last 3 Months.
  • Address proof – electric bill /telephone bill (any one)
  • Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one)


  • Insurance of stock and mortgage property to be taken in favour of bank by the applicant.
  • Original documents such as share certificate, Sale deed, Tax receipt allotment letter are required for registered mortgage of the property.
  • Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
  • Applicant has to submit stock statement at the end of quarter and before 10th of the next quarter.
  • The applicant has to provide two guarantors.
  • The applicant must be a member of bank
  • Limit is subject to renewal after 12 months.

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