Overdraft Limit

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)
  • 2% more than FD rate.(For Third Party FD)

Guarantors:

  • Nil.

Overdraft Facility / NSC / KVP / GOI Security Loan
Limit per Borrower:

  • Upto 75% to 85%.

Margin Money:

  • 15 to 25%

No. of EMIs:

  • Up to maturity of the security offered.

Rate of Interest:

  • 11% For Loan + 11% For Overdraft Limit [upto 3 years]
  • More than 3 years: 12% For Loan + 12% For Overdraft Limit

Guarantors:

  • Nil.

Overdraft Against Property
Limit per Borrower:

  • Upto the exposure limit of the Bank

Margin Money:

  • 40% of Property Valuation.

Rate of Interest:

  • 12.00%

Guarantors:

  • Two guarantors (from whom one holds property)

Security:

  • Prime = Registered mortgage of Immovable Property

Collateral

  • NIL

We considers Customers as Valued Customers and provides
Top Level Banking Services to make the bank more famous.