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Get the free FICCL/Loan cum Hypothecation Agreement / Version- 4 / March 2015

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Ltd Co. / Public Ltd Co. / Partnership Firm / Society / HUF / Trust Purpose of the Loan Co. / Public Ltd Co. Jointly and severally and unconditionally promise to pay to Fullerton India Credit Company Limited FICCL having its registered office at Megh Towers Third Floor Old No. 307 New No. 165 Poonamallee High Road Maduravoyal Chennai-600095 Tamil Nadu or order the sum of Rs. H. Road P. H. Road Maduravoyal Chennai 600095 Tamil Nadu. FICC Copy Customer Copy BANK COPY ELECTRONIC CLEARING...
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Step 1: Obtain a copy of the ficclloan cum hypoformcation agreement form.
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Step 2: Read through the agreement thoroughly to understand the terms and conditions.
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Step 3: Gather all the necessary information and documents required for filling out the agreement, such as personal details, loan amount, property details, etc.
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Step 4: Start filling out the agreement by entering the required information accurately.
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Step 9: Submit the original agreement to the concerned authority as per their instructions.
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Who needs ficclloan cum hypoformcation agreement?

01
Borrowers seeking a loan from Financial Institution for Crop and Consumption Loans (FICCL) and hypothecation of agricultural land and/or assets needs the ficclloan cum hypoformcation agreement.
02
Lenders or financial institutions providing Crop and Consumption Loans and requiring a legally binding agreement for the loan and hypoformcation of assets would also need the ficclloan cum hypoformcation agreement.
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Ficclloan cum hypoformcation agreement is a legal document that combines both a loan agreement and a hypothecation agreement.
Financial institutions and individuals involved in lending or borrowing money secured by assets need to file ficclloan cum hypoformcation agreement.
Ficclloan cum hypoformcation agreement needs to be filled out completely, accurately, and signed by all parties involved in the loan and hypothecation agreement.
The purpose of ficclloan cum hypoformcation agreement is to outline the terms and conditions of a loan agreement and specify the assets that will serve as collateral.
Information such as the loan amount, interest rate, repayment terms, details of the collateral, parties involved, and signatures must be reported on ficclloan cum hypoformcation agreement.
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