Loan against Life Insurance Policy.
| Limit per Borrower: | 90% of Surrender Value or Rs.100.00 lacs Whichever is lesser OR Maximum upto 15% of Tier 1 and 2 Capital Fund as per RBI norms. |
| Margin Money: | 10% |
| No. of EMIs: | 60 (B.O.D. reserves right to change according to repayment capacity of applicant). |
| Rate of Interest: | As per policy determined by B.O.D. keeping In view prevailing Market Rates, subject to Verification. |
| Guarantors: | Nil. |
