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Loan on FD/NSC/KVP

Loan Information

Loan on FD/NSC/KVP Details

Comprehensive information about our Loan on FD/NSC/KVP facility

Facility Details

Feature Details
Purpose To get access to funds without breaking your FD/NSC/KVP certificates
Eligibility FD/NSC/KVP certificate holders with the bank
Loan Amount Up to 80% of FD/NSC/KVP face value
Interest Rate Competitive rates (Contact branch for current rates)
Tenure Up to remaining tenure of FD/NSC/KVP
Interest Calculation Only on amount utilized and for the period utilized
Repayment Flexible - no EMI or post dated cheques required
Prepayment No prepayment charges
Renewal Available on renewable basis
Documentation 1. Duly filled loan application form
2. FD/NSC/KVP certificate
3. Identity and residence proof
4. Passport size photographs
5. Additional documents as per requirement
*conditions apply

Key Benefits

  • Keep your FD/NSC/KVP intact
  • Continue earning interest on FD
  • Pay interest only on amount used
  • No prepayment charges
  • Flexible repayment options

Documents Required

  • FD/NSC/KVP Certificate
  • Identity Proof (Aadhaar/PAN/Voter ID)
  • Address Proof
  • Loan application form
  • Passport size photographs