Loan / Overdraft Facility Against Fixed Deposit

Limit per Borrower:  Upto 90%.
Margin Money:      10%
No. of EMIs:       Up to the maturity of F.D.
Rate of Interest:

1% more than FD rate.(For Own FD / 3rd Party FD)

 

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Guarantors:       Nil.

Overdraft Facility  Life Insurane / NSC / KVP / GOI Sec.Loan

Limit per Borrower:    Upto 90%.
Margin Money:     10%
No. of EMIs:       Up to maturity of the security offered.
Rate of Interest: 9% For Loan/Overdraft Limit
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Guarantors:       Nil.

Overdraft Against Property

Limit per Borrower: Maximum Limit Rs.200.00 Lacs
Margin Money: 35% of Property Valuation.
Rate of Interest:    10.75%
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Guarantors: 1 guarantor (who holds property)
Security:          Prime = Immovable Property
Collateral Stock/Debtors (Subject to verification)