(Scheduled Commercial Bank)


 
Super Secured Loan Scheme


 
To meet urgent Personal needs such as investment in NSC, PPF etc. for Income Tax Rebate, Educational expenses, Marriage etc. Personal Expenses against the security of existing NSC/LIC Policies at the PLR.
 
Limit                          : 25% of present value of NSC/LIC/IVP/KVP
Repayment Period : Maximum 5 Years
Margin                      : 25%
Eligibility                  : Employees of Govt./ Semi Govt.,
Reputed Companies /                                      Businessmen, Traders / Professionals & Self Employed                                      Persons / Farmers.