Loan Against Deposit Our Bank offers loan against deposits to our registered members with easy and attractive schemes. The loan may be used to meet emergency financial needs/requirements to carry on business activities, you not need to close the deposit prematurely and can avial the loan. Sometimes, even the banks act as a hurdle to the customers. we are rule breakers, who intend to serve your dreams with the best possibilities.
Advantages
- Less paperwork
- Minimum document required
- Easy payment format
- Quick and easy processing
- Anytime time liquidity
- No pre-payment and no-extra charges
Terms and Conditions
- For a maximum 80% of the face value of deposits amount and including the interest accured on the deposit.
- The Interest rate of the loan is 4 % higher than your base rate of interest.
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