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Hypothication Loan

Flexible Loans • Easy EMIs • Trusted Banking Partner

Hypothecation Loan - Product Description

Purpose: Business or personal funding against movable assets

Loan Amount: Based on value of the hypothecated asset

Maximum Loan: Up to 70% of asset value

Tenure: Minimum 1 Year, Maximum 7 Years

Security: Hypothecation of immovable assets

Benefits

• Ownership & usage of asset remains with borrower

• Competitive interest rates

• Flexible repayment options

• Faster processing & disbursal

Eligibility

• Individuals, Proprietors, Firms & Companies

• Minimum-Maximum Age: 21-50 Years

• Clear ownership of the asset

Rate of Interest

• Starting from 13.00% p.a.

• Based on asset type, tenure & credit profile

Documents Required

• KYC documents

• Proof of asset ownership

• Income / Business proof

• Asset valuation documents

Terms & Conditions

• Asset remains hypothecated until loan closure

• Insurance of asset mandatory

• Subject to bank policies & legal norms

How To Apply

01
Fill Application Form

Submit your basic personal, income and property details online.

02
Document Submission

Upload or submit required KYC, income and property documents.

03
Verification & Approval

Bank will verify details and approve loan as per eligibility.

04
Loan Disbursement

Loan amount is disbursed directly to your account or builder.