Hypothecation Loan
The Co-op. Bank of Mehsana Ltd. offers Hypothecation Loans to support individuals, professionals, traders, and small business owners in meeting their financial requirements. These loans are ideal for purchasing vehicles, machinery, stock, or business equipment.
Key Features:
💰 Loan Purpose: To finance the purchase of movable assets such as vehicles, stock-in-trade, equipment, and machinery.
📝 Eligibility: Salaried individuals, self-employed professionals, traders, and small business owners.
📊 Loan Amount: Based on borrower’s income, asset value, and repayment capacity.
⏳ Repayment Tenure: Flexible repayment period with convenient EMI options.
🔒 Security: Hypothecation of the asset financed (vehicle/goods/equipment).
📉 Attractive Interest Rates: Competitive rates with easy documentation process.
🔁 Renewal Facility: Available for working capital-based hypothecation loans.
Benefits:
For more details, visit your nearest branch of The Co-op. Bank of Mehsana Ltd. or contact our loan department.
