For NSC/KVP

  • Eligibility
    • Sufficient Cash flows to repay with 3 to 5 years standing, who are tax assesses.
    • The facility will be considered only if a power of attorney or mandate is registered with Principal Organization with which the agent deals authorizing them to remit the commission direct to the Bank.
  • Rate of Intrest
  • Repayment Period
    • In EMI of 12 to 36 months as per capacity of borrower.
    • Renewal of loans may be considered after 24 Months.
  • Proposal Processing Charge
    • 100/-
  • Margin
    • No Margin.
  • Max & Min Loan:
    • Minimum: 30,000
    • Maximum: 2,00,000 OR 1 year's NAI Whichever is Less
  • Moratorium
    • Not Applicable
  • Security
    Loan up to Rs. 50,000/-
    • One TPG acceptable to the Bank.
    • 4 Advance Post dated cheques for Quarterly EMI.
    Loan Rs. 50,001/- to 1,00,000/-
    • Two TPG acceptable to the Bank.