Purposes of Loan:
- Business / personal Purpose
- 90 percent of the face value of security.
In the case of Loan against NSB, DB, FD and FCY/LCY Deposits, the loan can be repaid at the time of maturity or security or in convenient installments, as appraised and agreed to at the time of approval.
- Nominal loan documentation fee
- No charge on part pre-payment.
- The borrower must be at least 21 years of age and the loan must be terminable before you reach the age of 60 years.