Whether you want to repay costly debts, buy inventory, pay your workers, renovate your business premise or any other business need, you can use the hypothecation loan. This product is apt for your short-term business needs and does not require any mortgage.

Features and Benefits

Maximum loan amount of Rs. 3.5 lakhs.
Tenure of 6 months to 30 months.
Hypothecation of stocks, machinery, working assets and book debts.


You should be an Indian citizen in the age group of 21-59 years.
Business stability of 3 years.
Permanence of business location of 3 years.

Fees and Charges

Processing Fees – 2.5% + GST.
Bounce Charges – Rs 500 (inclusive of taxes)
Late Payment Charges – Rs 200 per month (inclusive of taxes)
Foreclosure Charges – As applicable.