Loan Against Gov. Security

Loan against Government Security : NSC/KVP/LIC Policies/Govt Sec.

Purpose

• For Personal/Business requirements

Eligibility

• Individuals & Business Entity                

Features

• 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

Security

• 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.