Purpose
- For Personal/Business requirements
Eligibility
- Individuals & Business Entity
Features
- Overdraft facility / EMI Facility
- No Processing Charge
- No Hidden Charge
- No Pre-payment/fore-closure charges
- Interest is charged on reducing balance on daily basis
- Finance available up to 85% of value of Security
- EMI must be served regularly
- No Guarantors Required
Security
- Pledge of Fix Deposit Receipt
- Other parameters considered include age, income, number of dependents, financial stability, Family Member’s income & past track record etc.