Normal Loan on DL
Facility: Term Loan
Eligibility: Individual or Firms
Purpose:
Agricultural/Education/ Small Business/ Profession/any other to meet Short time Financial Requirements.
Security
Lien on Fixed/Term Deposits
Rate of Interest: 1% Extra on Deposit Rate
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Loan Limit: Maximum Rs.100.00 Lacs
Max Loan period: 5 Years
Repayment: One Time Payment/EMI
Interest method: Diminishing Method
Basic Documents:
» KYC documents of Borrowers and Guarantors.
» Fixed Deposit Bonds of our Bank.
Margin: Up to 90% of Deposit Value
Processing Fees: Nil
Terms & Conditions: As per Bank’s Loan Policy.