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Hypothecation Loan

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Hypothecation Loan
  • Max Loan Amt: 75% Of Submitted estimate or quotation
  • Rate of Interest: 15% (For Vehicle 12%)
  • Guarantor: 2 (Property Holder)
  • Membership: A Class with 2.5% shares of sanctioned amount
  • Security: 15%
Documents
  • 1. Application
  • 2. Quotation or estimate
  • 3. No Dues Certificate
  • 4. Economiacal statement
Who Can Apply?
  • Those who want to purchase vehicles, Machinery, construction other than house.


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