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1. Eligibility
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Any Individual/ Proprietorship/partnership/HUF /P. Ltd/ Public Ltd companies
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2. Purpose
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Personal Need/ Business Purpose/ Medical emergency
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3. Loan Amount & Sanctioning Authority
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4. Rate of interest
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1% more on Fixed Deposits ROI or
3% more on 3rd party Fixed Deposits ROI
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5. Margin
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85% to 90% of Fixed Deposits (Principle amount)
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6. Repayment Period
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Yearly Renewal
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7. Securities
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Lien marked on Fixed Deposits Receipt
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8. Share Linkage
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Nil
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9. Processing Charges
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Nil
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10.Guarantors
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Nil
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12.Other Conditions
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Lien marked on Fixed Deposits Receipt
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