** "Conditions Apply. Loan at sole discretion of the Bank." SMS 'Loan' to 70659 66665
Repayment Tenure:
Maximum 60 months OR Maturity date of securities offered whichever is prior
Margin :
National Savings Certificate:-25% of Face Value
Life Insurance Policy:-15% of Surrender Value
Kisan Vikas Patra:-25% of Face Value
Transferable Government Bonds:-25% of Face Value
Maximum Loan Amount Limit :
No Limit
Eligibility :
Individual
Security :
National Savings Certificate (NSC) with maturity date not falling beyond 5 years from date of sanction of loan
Assignable Life Insurance Policy (minimum 3 year old)
Kisan Vikas Patra (minimum 2&1/2 years old)
Transferable Govt. Bonds
Guarantors :
NIL
Subscription to Bank's Share - Membership:
2.50% of Loan Amount
Processing fee :
0.25% of loan amount
(Subject to Minimum Rs.250/- & Maximum Rs.5000/-)
1. Loan Application Form in prescribed format.
2. One passport size photograph (KYC Documents).
3. Address Proof.
4. Identity Proof.
5. Salary/Income details .
6. Net worth forms.
7. Proforma Invoice of Authorised Dealer.
8. Any other documents required by the Bank.