| Loan / OD against Deposits |
| Eligibility | Term Deposit Holder of our Bank.
|
| Amount of Loan | 90% of accrued value of deposit.
|
| Margin | 10% on accrued value of deposit.
|
| Repayment | * Flexible. * Maximum upto date of maturity of deposit.
|
| Prepayment charges | Interest Rate: 2% over the applicable rate for the Term Deposit pledged.
|
| Security | Pledge of Term Deposit. |
| Salient Features | For any bankable purpose.
|
| * BPLR and BASE RATE - Available in Home Page | |