Banking query
This query is : Resolved
29 May 2020
What is difference between pledge and mortgage and hypothecation.
29 May 2020
Pledging is handing over as security of jewellery for loan obtained.
Mortgage is security creation in respect of immovable property.
Hypothication is security creation on motor vehicles in the RC books.
Mortgage is security creation in respect of immovable property.
Hypothication is security creation on motor vehicles in the RC books.
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