Comprehensive information about our Hypothecation Loan facility
| Feature | Details |
|---|---|
| Purpose | For business needs with hypothecation of assets |
| Eligibility | Businessmen / Commercial organizations |
| Rate of Interest | Upto 60 Lakh 12% (EMI), Second Hand Vehicle Loan 15% (EMI) |
| Loan Amount | Based on hypothecated assets and business requirements |
| Repayment Period | Flexible tenure as per loan amount and business needs |
| Security | Hypothecation of assets (stocks, debtors, machinery, etc.) |
| Processing fees | As per bank norms |
| Documentation |
1. Duly filled loan application form 2. Business registration documents 3. Financial statements (P&L, Balance Sheet) 4. IT Returns (Last 2-3 years) 5. Bank statements 6. Asset documents for hypothecation 7. KYC documents of partners/directors |
| *conditions apply |
Pachhapur Co-op Bank is popular in gold loans and is having trust of 1 lakh and above Gold loan customers and 81 years of trust.
We are a DICGC member,
insuring your deposits up to Rs. 5 Lakh.
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