|
Loan against Term Deposits (ODFD)
|
|
|---|---|
| Maximum Rate | |
| Interest Rates | Highest FD rate* + 5.50%*** (spread) |
| Processing Fee | 0 |
| Pre closure Charges | 0 |
| APC charges | 0 |
| Penal Charges | 2% per annum will be charged on excess drawings over the limit sanctioned / made available by the bank from time to time. |
|
Loan against Securities (FAS)
|
|
|---|---|
| Maximum Rate | |
| Interest Rates | External Benchmark** + 5.50%*** (spread) |
| Processing Fee | 0 |
| Pre closure Charges | 0 |
| APC charges | Upto INR 2000/- plus applicable taxes, at the time of renewing the facility |
| Penal Charges | 2% per annum will be charged on excess drawings over the limit sanctioned / made available by the bank from time to time. |