• Facility: Term Loan or Overdraft
• Pre-Payment Charges : Nil
• Repayment:
  • For Term Loan
    • Bullet payment Option: Not to exceed 12 months from the date of sanction.
    • EMI Option: Not to exceed 12 months from the date of sanction.
  • For Overdraft
    • 12 months (To be closed on or before due date)
• Maximum Amount:
  • Term Loan
    • With Bullet Repayment: Rs.2 lakhs
    • With EMI: Rs.20 lakhs
  • Overdraft
    • For Personal Requirement: Rs. 20 Lakhs
    • For Business Purpose: Rs. 50 Lakhs

• To meet Personal / Family expenses in case of any exigencies.
• To meet Business need
• Any legitimate purpose acceptable to the Bank.

Pledge of Gold Ornaments & Jewelry.

Individual, Firm (Proprietary / Partnership) except stock / share broker(s)/money lenders.

• Term Loan: 08.25% per annum on daily reduction basis
• Overdraft: 09.00% per annum on daily reduction basis