Overdraft Against Hypothication / Book Debts
| Limit per Borrower: | Maximum Limit For Individual/HUF/Trust Rs.5 Crore |
| Rate of Interest : |
9.50%(If account is renewed and renuwed time to time and limit is 25 lakh above . than customer can apply for 9.00% rate after one year.) |
| Guarantors : | Two guarantor (Property Holder) |
| Security : | Stock/Book Debt. (Subject to verification) |
| Collateral : | Immovable Property,Deposits,Govt.security,Insurance policy |
Overdraft Against Cash Credit / Ind. Book Debts
| Limit per Borrower: | Maximum Limit Rs.5 Crores / For Industrial Advance Rs. 10 Crores |
| Rate of Interest : | 9.5% (If account is renewed and renuwed time to time and limit is 25 lakh above .
than customer can apply for 9.00% rate after one year.) |
| Guarantors : | Two guarantor (Property Holder) |
| Security : | Stock./Book Debt (Subject to verification) |
| Collateral : | Immovable Property, Deposits, Govt.security, Insurance policy |
Overdraft Against Deposit
| Limit : | Upto 85%. Of Deposit amount. |
| Margin : | 15% |
| Duration Of Loan: | Up to the maturity of F.D. |
| Rate of Interest : | 1% more than FD rate.(For Own FD) 1.50% more than FD rate.(For Third Party FD) |
Overdraft Against Government Security
| Limit : | Upto 75%. Of Security |
| Margin : | 25% |
| Duration Of Loan: | Up to maturity of the security offered. |
| Rate of Interest : | 11% |