Overdraft facility against Property
| To meet financial requirement for any genuine personal or business needs | ||
| Loan amount | As per the bank’s prevailing policy. | |
| Eligibility | Available for salaried employees, proprietary concerns, partnership firms, private, public companies. | |
| Margin | 25% of property value | |
| Tenure | Maximum 12 months (subject to renewal every year) | |
| Guarantors | As per nature of eligibility | |
| Security | Mortgage of property | |
| Interest Rate | As per the bank’s prevailing policy. | |
| Processing Charges | Decided by bank from time to time | |
Visit nearest branch for any additional information.
