Hypothecation Loan     —— 14 %

Hypothecation Loan Is Provided For The Purpose Of Growth Of A Firm Or Company. This Type Of Loan Can Be Considered For SSI, Other Manufacturing And Processing Industrial Unit To Meet Their Need For Establishment Of New Unit, Purchase Of Plant And Machinery, Purchase New Two And Four Wheeler Vehicles. The Loan Can Be Considered Against The Hypothecation Of Plant And Machinery And Finished/Semi-Finished Goods. Society Considers A Loan For Up To 75% Of The Value Of Plant And Machinery, Vehicles.