Loan against Government Security : NSC/KVP/LIC Policies/Govt Sec.
- For Personal/Business requirements
- Individuals & Business Entity
- Loan upto 60 months
- Nominal Processing Charge
- No Hidden Charge
- No Pre-payment/fore-closure charges
- Interest is charged on reducing balance on daily basis
- Finance available up to 75% of value of Security
- EMI must be served regularly
- No Guarantors Required
- Pledge of NSC/KVP, Assignment of LIC Policies
- Other parameters considered include age, income, number of dependents, financial stability, Family Member’s income & past track record etc.