| Salient Features | For any bankable purpose.
|
| Eligibility | Term Deposit Holder of our Bank.
|
| Quantum of Loan | 90% of accrued value of deposit.
|
| Margin | 10% on accrued value of deposit.
|
| Repayment Period | * 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. |
| * BPLR = 12.50 % and BASE RATE = 8.00 % | |
