Hypothication Loan

Applicant details:

  • Last three years balance sheet, copy of income tax return -last three years, copy of Partner?? personal return , Memorandum and Article of Association in case of limited company, resolution for loan application.
  • Tax bill of Property
  • 2 Photographs of Applicant
  • Business proof of Applicant
  • Applicant?? Pan card / Partner?? Pan Card / Limited Company?? Pan card
  • 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:

  • Photograph-1 copies
  • Last tax bill
  • Last income tax return copy / Pay slip of last 3 Months.
  • Address proof ??electric bill /telephone bill (any one).
  • Photo proof ??Pan card / Voter card / Driving license/Aadhar card (Any one).


  • Applicant has to provide collateral security to the tune of 70% of the limit by way registered mortgage declaration of residential premises, office, shop, godown, shed etc.
  • Insurance of stock and mortgage property to be taken in favour of bank by the applicant.
  • Tax receipt allotment letter are required for registered mortgage of the property.
  • Title clearance and valuation report will be done by approved lawyer and valuer of the bank. Applicant has to pay their fees.
  • Applicant has to submit stock statement at the end of month / quarter and before 10th of the next quarter/ month.
  • The applicant has to provide two guarantors.
  • Limit is subject to renewal after 12 months.
  • Applicant has to take share @ 2.5% to 5.0% of the limit.