Apex Cash PDF Print E-mail
Loan against approved Bonds like RBI/NABARD/Other Government Bonds.
Eligibility:
  • Existing Account Holders - Individuals, whose dealings are satisfactory.
  • No loans against equity plan scheme i.e Tax Savings Scheme.
Quantum:
  • Maximum Rs. 5.00 lakhs.
Margin:
  • 30 % of Market value of Bonds like RBI/NABARD/Other Govt. Bonds.
Security:
  • Pledge of Bonds/Units etc.
Repayment:
  • 36 Months.   
Rate of Interest:
  • 14.00%  per annum
Processing Charges
  • 1.00% of the loan amount.
Documentation:
  • Application, Income Proof for repyament.
  • Pronote/Pronote covering letter.
  • Letter of Pledge.
  • Request letter for sanctioning loan/Overdraft facility.
  • Sufficient number of blank transfer forms undated.
  • Notice of lien.

 
 
< Prev   Next >
[ Back ]