Hypothecation 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 credit facility.
Applicant details :
Last three years balance sheet, copy of income tax return, copy of Partner’s personal return , Memorandum and Article of Association in case of limited company, resolution for loan application.
Tax bill of Property
Three photographs of Applicant
Business proof of Applicant
Applicant’s Pan card / Partner’s Pan Card / Limited Company’s Pan card
Bank account statement of last 2 years
Stock statement of the business
Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
Guarantor Details :
Last tax bill
Last income tax return copy / Pay slip of last 3 Months.
Address proof – electric bill /telephone bill (any one)