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Hypothecation Cash Credit Loan

Hypothecation Cash Credit Loan

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 Cash Credit.

Applicant Details

  •   Copy of Income tax return of last three year along with balance sheet.
  •   Provisional Balance Sheet (If required).
  •   Copy of All related person’s (Partner, Director etc.) Income tax return with Balance sheet.
  •   Memorandum and Article of Association in case of limited company, Partnership deed in case of Partnership Firm.
  •   3 Photographs of Applicant.
  •   Business proof of Applicant.
  •   All Registration Certificate of firm.
  •   Applicant's  Pan card 
  •   Copy of Proof of ID (PAN Card, Aadhar Card, Driving License, passport) of all related person 
  •   Bank account statement of last year
  •   Property File
  •   If applicant borrow any loan from other bank, then applicant must give copy of sanction letter and any other required loan details.
  •   Applicant has to show all original documents to the bank for verification with xerox copy. Original documents will be returned to applicant after verification.

 

Guarantor Details

  •   Photograph-2 copies
  •   Copy of Income tax return of last year along with balance sheet.
  •   Copy of address proof  Voter Id Card / Driving license / Aadhar Card / Passport(Any One)
  •   Copy of Pan card