Last Updated:

Margadarsi Chit Fund Private Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Margadarsi Chit Fund Private Limited has 3 charges registered with the Registrar of Companies: 3 satisfied charges worth Rs 624.00 Cr. The most recent charge was created on 17 Sep 2008 in favour of Axis Bank Limited for Rs 500.00 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 600.00 Cr
  • Union Bank Of India : 24.00 Cr
-

₹624.00 crore

2

Axis Bank Limited

Satisfaction

03 May 2012

₹500.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10124571 View DetailsAxis Bank Limited₹ 500.00 17 Sep 200819 Feb 200903 May 2012 Satisfied 5000000000.0
10047487 View DetailsAxis Bank Limited₹ 100.00 19 Apr 200714 Oct 200820 Mar 2009 Satisfied 1000000000.0
80033831 View DetailsUnion Bank Of India₹ 24.00 29 Sep 2004-02 Jul 2007 Satisfied 240000000.0
Premium access

Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

Verified entity values are shown only after access is granted.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.