Secure Loan

Highlights

  • Any loan provided against term deposits to help the member to meet with their needs.
  • Loan amount will be maximum 80% of the deposit amount.
  • Rate of interest is plus 4%- 6% of the deposit interest rate.
  • No other guarantee is required.
  • Repayment schedule depends upon the loan term.
  • Repayment frequency will be monthly.
  • Pre-closure facility available.