NSC /IVP/KVP Loan
| Particulars | Information |
|---|---|
| Who can Borrow | Individuals (singly/Jointly) |
| Eligible Age | Minimum 21 years |
| Type of Loan | Loan on national savings certificate |
| Purpose | Any purpose other than Speculation |
| Limit | Max. Limit Rs.10.00 Lacs |
| Security | Related certificates |
| Margin | 35% & GST Number Required |
| Repayment Period | Maturity period |
| Moratorium | NA |
| Rate of Interest & Processing Fees | As applicable from time to time |
| Prerequisites/Documents |
1. Documentation including our lien / pledge on the securities and Power of Attorney in Bank’s favour to be executed 2. Compliance of KYC norms 3. Discharge certificate from authorities. |
Sree Thyagaraja Co-operative Bank Limited, a leading Urban Co operative Bank in India.