Repayment Tenure:
Maximum 60 months OR Maturity date of securities offered whichever is prior
Margin :
National Savings Certificate:-25% of Face Value
Life Insurance Policy:-15% of Surrender Value
Kisan Vikas Patra:-25% of Face Value
Transferable Government Bonds:-25% of Face Value
Maximum Loan Amount Limit - No Limit
Eligibility :Individual
Security : National Savings Certificate (NSC) with maturity date not falling beyond 5 years from date of sanction of loan Assignable Life Insurance Policy (minimum 3 year old) Kisan Vikas Patra (minimum 2&1/2 years old) Transferable Govt. BondsGuarantors
Guarantors : NIL
Subscription to Bank's Share - Membership:
1% of Loan Amount
Processing fee : 0.25% of loan amount (Subject to Minimum Rs.250/- & Maximum Rs.5000/-)
