Limit per Borrower:

• As per RBI Guideline. Exposure limit for Single borrower and Group borrower.

Margin Money :

• Not Applicable

Rate of Interest :

• 11% P. A.

Guarantors :

• One Guarantors (Who must be property holder)   

FD/NSC/KVP/LIC  Policies :

• 90% of Loan Amount.

Eligibility of Borrower :

• He must be Operative Current Accountholder of the bank for more than six months.
• Borrower / Partners / Directors / Guarantors  must be a member of the Bank.

Purpose of Loan :

• Not Applicable

Share Linkage :

• As per Bank’s Rules.

Repayment Period :

• Review once in 6 months and renewal in 12 months

Security :

• Primary:

        Registered mortgage of title Cleared  Property of the Borrower Guarantors.

• Collateral :

        Immovable Property 110 % of Loan Amount.