1. Eligibility

Any Individual/ Proprietorship/partnership/HUF /P. Ltd/ Public Ltd companies

2. Purpose

Personal Need/ Business Purpose/ Medical emergency

3. Loan Amount & Sanctioning Authority

4. Rate of interest

1% more on Fixed Deposits ROI or

3% more on 3rd party Fixed Deposits ROI

5. Margin

85% to 90% of Fixed Deposits (Principle amount)

6. Repayment Period

Yearly Renewal

7. Securities

Lien marked on Fixed Deposits Receipt

8. Share Linkage

Nil

9. Processing Charges

Nil

10.Guarantors

Nil

12.Other Conditions

Lien marked on Fixed Deposits Receipt