1

Eligibility

Individuals

2

Purpose

Education, Consumption, etc.

3

Maximum Loan Amount

Maximum Rs.2.00 Lakhs

1. Certificates with in two years-70% of face value.

2. Certificates between 2-3 years-80% of face value.

3. Certificates between 3-4 years-90% of face value.

4. Certificates above 4 years-100% of face value.

4

Repayment Period

1 Year

5

Rate of Interest

12.5%  ( ROI applicable as and when revised by the Bank from time to time)

6

Security for the Loan

Lien on NSC/KVP

7

Documents to be submitted

•   Loan application in the prescribed format
•   Documents as per the KYC Norms
•   NSC/KVP Certificates issued by the Govt.
•   Other loan documents