Loan Against Deposit

• Purpose: For personal financial needs and not for speculative purpose

• Maximum amount: 90% of Deposit value

• Eligibility: Salaried Person-Employee of reputed organization with confirmed service record; Business- Sole Proprietor/ Professional/ Self employed person etc

• Margin: 10% of Value

• Membership: Nominal / Regular Member of Bank depends on amount of loan

• Period: Maximum 60 months or Maturity of Deposit whichever is earlier

• Security: Lien of Fixed Deposit

• Interest Rate:

Deposit Holder	2.00% p.a. Over Deposit Rate
Third Party Deposit	3.00% p.a. Over Deposit Rate

• Service Charges: One time as per Bank's policy

• Documents Required: Self certified KYC documents, Original Fixed Deposit certificate, Declaration / NOC in case of third party Deposit