• Welcome To BARAN NAGRIK SAHAKARI BANK
  • bnsbbaran@gmail.com
  • 07453-230343

Hypothecation Limit

Type of Facility Hypothecation Limit
Maximum amount Rs.2.00 Cr.
Rate of interest
  • 10.50% p.a. up to Rs.35.00 lakhs
  • 10.25% p.a. above 35.00 lakhs and up to 1.00 Cr.
  • 9.25% p.a. above 1.00 Cr. And up to 2.00 Cr.
Wide Circular no : daz-Qk¼46½ ckuklcSad@ljdqyZj@2017&18@11223&35@fnukad 06-09-2017
Maximum repayment period 12 months (renew every year)
Margin 40% of Property value
Eligibility Only for Firms
Purpose For development of business
Shareholding/Membership Contribution 2.50% of loan amount.
Guarantors Two guarantors as acceptable to the Bank. (With good net worth)