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Deed of Hypothecation
Templates
Deed of Hypothecation
To be sent to each Member of the Consortium (by the borrower half yearly)
Applicable for Working Capital Facility
To : The
Dear Sir
Sub: Credit limits sanctioned to us by the Consortium of Banks.
We furnish herebelow information regarding the business passed on by us to each Member of the Consortium during the half year ended . We trust this conforms to your records.
1. (Turnover passed on to each Bank and the liability with each Bank, as on the last Friday of the half year)
| () | |
With each Bank ( to be shown separately)
| No. of bills | Amount | Liability as on | |
Cheques discounted :
| No. of cheques | Amount | Liability as on | |
| No. | Amount | |
| a) Inland | No. | Amount | |
| b) Foreign | No. | Amount | |
| a) Under LCS | No. | Amount | ||
| In foreign currencies | In Indian Rupees | |||
| b) Without LCS | No. | Amount | ||
| In foreign currencies | In Indian Rupees | |||
| Amount and period of each deposit | |
Yours faithfully
(Borrower)
NOTE: The information should be given bankwise in relation to the business passed on to each bank of the consortium.