Hypothication Loan

Hypothecation is legal term that refers to the granting of a hypothec to a lender by a borrower. In practice, the borrower pledges an asset as collateral for a loan, while retaining ownership of the assets and enjoying the benefits therefrom. The term comes from civil law; although its usage varies from jurisdiction to jurisdiction, it is nearly synonymous to a lien or mortgage.


  • Individual/Proprietorship,Partnership having existing business for last 3 years.


  • Maximum 7 Crore.


  • Every Year Renewal Required.
  • Amount of loan upto 60% of Property Valuation.

Documents required

  • ID and Address proof
  • PAN Card
  • Security for Loan
  • Existing track record
  • Balance sheet and other financials
  • Valuation Report
  • Non-encumbrance and Title Report
  • Proof of Income/Self-assessment from borrower
  • Copy property insurance with banker’s clause


  • Two guarantors (who holds property and share holder of SKNSBL)

*All loans are applicable to actual bank charges which include valuation, legal and all actual bank charges.

To know more visit your nearest branch.