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Progressive Autoserve Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Progressive Autoserve Private Limited has 7 charges registered with the Registrar of Companies: 4 open charges worth Rs 110.39 Cr and 3 satisfied charges worth Rs 19.97 Cr. The largest open charges are held by State Bank Of India and Axis Bank Limited. The most recent charge was created on 26 Jun 2024 in favour of State Bank Of India for Rs 18.27 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Others : 59.96 Cr
  • State Bank Of India : 49.73 Cr
  • Axis Bank Limited : 0.70 Cr

₹110.39 crore

₹19.97 crore

4

State Bank Of India

Modification

24 Jun 2025

₹23.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100951931 View DetailsState Bank Of India₹ 18.27 26 Jun 2024-16 Jun 2025 Satisfied 182700000.0
100352940 View DetailsOthers₹ 0.70 06 Jul 2020-19 Feb 2024 Satisfied 7000000.0
10109285 View DetailsThe Nainital Bank Limited₹ 1.00 17 May 200807 Oct 201301 Feb 2022 Satisfied 10000000.0
100857044 View DetailsOthers₹ 23.00 05 Feb 202424 Jun 2025- Open 230000000.0
100859514 View DetailsState Bank Of India₹ 49.73 06 Jan 2024-- Open 497300000.0
100850212 View DetailsOthers₹ 36.96 28 Dec 2023-- Open 369600000.0
100799947 View DetailsAxis Bank Limited₹ 0.70 07 Aug 2023-- Open 6982500.0
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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.