0268-2587403 | Follow us on:

Working Capital [Hypothecation]

Particulars
Purpose For working capital requirement
Type of Facilities Manufacturing Units, Traders, Service Providers
Limit Against Stock – 70%
Margin Against Stock – 30%
Repayment Period Renew of the limit every three year.
Rate of interest 10.50%
Processing fee Nil
Share linking 2.5% of the the loan amount
Guarantee Two guarantors possessing the property & also the Income Tax payer.
Security Hypothecation of Stock of Goods, Warehousing Receipt & Collateral Secuirty in the form of Mortgage of Immovable Property if required .