Deposit Loans
| Loan Product Name | Loans against Deposits | Loans against Deposits |
|---|---|---|
| Facility | Term Loan | Overdraft Limit |
| Eligibility | Individual or Firms | Individual or Firms |
| Purpose | Agricultural/Education/ Small Business/ Profession/any other to meet Short time Financial Requirements | Agricultural/Education/ Small Business/ Profession/any other to meet Short time Financial Requirements |
| Security | Lien on Fixed/Term Deposits | Lien on Fixed/Term Deposits |
| Rate of Interest | 1% Extra on Deposit Interest Rate | 2% Extra on Deposit Interest Rate |
| Loan Limit | Maximum Rs.100.00 Lacs | Maximum Rs.100.00 Lacs |
| Guarantor | N/A | N/A |
| Max Loan period | 5 Years | 2 Years |
| Repayment | One Time Payment/EMI | Repayable on Demand |
| Interest method | Diminishing Method | Diminishing Method |
| Margin | Up to 90% of Deposit Value | Up to 90% of Deposit Value |
| Processing Fees | Nil | Nil |
| Basic Documents |  KYC documents of Borrowers and Guarantors. Fixed Deposit Bonds of our Bank. | KYC documents of Borrowers and Guarantors Fixed Deposit Bonds of our Bank. |
| Terms & Conditions | As per Bank’s Loan Policy. | As per Bank’s Loan Policy. |
Gayatri Bank -Corporate Office.
info@gayatribank.in
Mon-Sat : 10:00AM-07:00PM