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.
