Proprietary concern/ Partnership firms/Private/Public Limited Companies Rate of
Rate of Interest
Stock 30%, Book Debts, (up to 90 days) : 40%
Prime : hypothecation of Stocks & Book Debts
1% + GST
Registration of Charge with ROC in case of Limited Companies.
2% on the outstanding loan amount if the loan account is closed before due date or taken over by other Bank/Financial Institutions.