Hypothecation Loan
Hypothecation Loan
Cash Credit Loan
Hypothecation Loan
A Hypothecation loan is a short-term cash loan to a customer. A bank provides this type of funding, but only after the required security is given to secure the loan. In cash credit, the bank advances a cash loan up to a specified limit to the customer against a bond or other security.
Interest Rates
Loan | Rates |
---|---|
Hypothecation | 12.50% |