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Loan / OD against Deposits
EligibilityTerm Deposit Holder of our Bank.
Amount of Loan90% of accrued value of deposit.
Margin10% on accrued value of deposit.
Interest Rates2% over the applicable rate for the Term Deposit pledged.
Repayment* Flexible.
* Maximum upto date of maturity of deposit.
SecurityPledge of Term Deposit.
Salient FeaturesFor any bankable purpose.
* BPLR and BASE RATE - Available in Home Page 

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