Charge Documents:

Charge documents in bank refers to the documents which creates obligation on the loan borrower and its related parties and help banks or financial institutions to get back its loans. Charge documents protects banks to get back its disbursement of loan, recovery of advances, and recovery of loans. Charge documents are basically a special color of printed documents that create various charges over loan customer/borrower and its related parties.

List of Charge Documents:
- Demand Promissory Note (also called DP Note)
- Letter of Authority
- Letter of Arrangement
- Letter of Disbursment
- Letter of Undertaking
- Letter of Continuity
- Letter of Hypothecation
- Letter of Pledge
- Letter of Trust Receipt
- Letter of Installment
- Letter of Guarantee
- Letter of Lien
- Letter of Revival
- Balance Confirmation Certificate
- And more...

Published Date: 15/09/2023