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Hypothecation Agreement for Fixtures and Equipment

At a glance

Price
₹399 · GST included
Stamp duty
Punjab: Entry 6, Schedule I-A (2024) covers hypothecation without possession at 0.25% of the loan/debt. Chandigarh: no published rate — ask the Sub-Registrar or get s.31 adjudication.
Registration
Not a s.17 conveyance by itself.
Witnesses
Contractual — doesn't substitute for company/CERSAI filings.

₹399

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

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Also called

  • equipment hypothecation agreement
  • fixture security agreement

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

Secure a loan against movable fixtures, equipment or business assets staying in the borrower's possession — unlike a mortgage of land/building. The schedule must accurately identify movables, exclude leased/third-party items, state the facility and cover removal, insurance and enforcement. Punjab's Entry 6 (2024) covers this at 0.25% of the loan/debt. A company borrower may also need Companies Act charge registration. Permanently attached items aren't automatically movable, and the word doesn't itself hand over possession.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Punjab: Entry 6, Schedule I-A (2024) covers hypothecation without possession at 0.25% of the loan/debt. Chandigarh: no published rate — ask the Sub-Registrar or get s.31 adjudication. Stamp on/before signing (s.17); under-stamped is inadmissible until the deficiency/penalty are paid (s.35).

Registration

Not a s.17 conveyance by itself. A company borrower may need Companies Act charge registration too, plus CERSAI filing.

Notarisation

Not required for a hypothecation agreement.

Witnesses

Contractual — doesn't substitute for company/CERSAI filings.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

HYPOTHECATION AGREEMENT FOR FIXTURES AND EQUIPMENT

Agreement date: 1 April 2026

Hypothecator/borrower: Aarav Sharma, Sector 21, Panchkula. Lender: ABC Bank Ltd, Sector 17, Chandigarh. Loan: HL-2026-118.

SECURED FACILITY

Facility amount: ₹30,00,000 (Rupees Thirty Lakh only).

ASSETS

Location: Office Unit 804, Sector 66, SAS Nagar, Punjab. Asset schedule: HVAC units, DG set, office fit-out equipment; detailed Schedule A attached.. Aggregate stated value: ₹50,00,000 (Rupees Fifty Lakh only). Ownership/security position: Borrower owns the scheduled movable assets free of undisclosed security.

POSSESSION AND USE

Arrangement: Borrower retains possession and ordinary business use subject to security covenants. The borrower will preserve the scheduled security and keep records sufficient to identify replacements and disposals permitted by the lender.

Questions about this document

Does the Hypothecation Agreement for Fixtures and Equipment need stamp paper or stamp duty in Punjab and Chandigarh?

Punjab: Entry 6, Schedule I-A (2024) covers hypothecation without possession at 0.25% of the loan/debt. Chandigarh: no published rate — ask the Sub-Registrar or get s.31 adjudication. Stamp on/before signing (s.17); under-stamped is inadmissible until the deficiency/penalty are paid (s.35).

Does the Hypothecation Agreement for Fixtures and Equipment need registration in Punjab and Chandigarh?

Not a s.17 conveyance by itself. A company borrower may need Companies Act charge registration too, plus CERSAI filing.

What does the Hypothecation Agreement for Fixtures and Equipment cost on Kaagazaat?

₹399, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Hypothecation Agreement for Fixtures and Equipment need witnesses?

Contractual — doesn't substitute for company/CERSAI filings.

Often needed with this document

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