Deposit Loans


Loan Product Name

Loans against Deposits
Loans against Deposits
FacilityTerm Loan
Overdraft Limit
EligibilityIndividual or FirmsIndividual or Firms
PurposeAgricultural/Education/ Small Business/ Profession/any other to meet Short time Financial RequirementsAgricultural/Education/ Small Business/ Profession/any other to meet Short time Financial Requirements
SecurityLien on Fixed/Term DepositsLien on Fixed/Term Deposits
Rate of Interest 1% Extra on Deposit Interest Rate2% Extra on Deposit Interest Rate
Loan LimitMaximum Rs.100.00 LacsMaximum Rs.100.00 Lacs
GuarantorN/AN/A
Max Loan period5 Years2 Years
RepaymentOne Time Payment/EMIRepayable on Demand
Interest methodDiminishing MethodDiminishing Method
MarginUp to 90% of Deposit ValueUp to 90% of Deposit Value
Processing FeesNilNil
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 & ConditionsAs per Bank’s Loan Policy.As per Bank’s Loan Policy.