Loan / OD against Deposits

Eligibility	Term Deposit Holder of our Bank.
Amount of Loan	90% of accrued value of deposit.
Margin	10% on accrued value of deposit.
Interest Rates	2% over the applicable rate for the Term Deposit pledged.
Repayment	* Flexible. * Maximum upto date of maturity of deposit.
Security	Pledge of Term Deposit.
Salient Features	For any bankable purpose.

( Last modified on Apr 08, 2019 at 02:04:03 PM )