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Loan Against Deposit
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Loan Against Deposit
Loan Against Deposit (RD/FD/DDS/NSC)
Max. Up to 90% of the deposits.
Max. Up to 80% in case of NSC.
INTEREST--
2% p.a. extra (Reducing Balance on Loan against FD/RD)
15% p.a. (1.25% p.m.) Reducing Balance on Loan against NSC/DDS.
CONDITIONS
Must be a Member of the society.
Must produce the FD Certificate (in case of Loan against FD).
Must produce the original documents in case of Loan against NSC.
Loan Against Deposit
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