Particular | Terms | Benefit |
---|---|---|
Period | 120 months (10 Years) | Accidental death Insurance coverage of Rs. 100000 |
Minimum deposit | Rs. 2500/- and further multiple of Rs. 2500/- | |
Frequency of transaction | One time deposit/multiple loan facility | |
Interest payable | 14% (4 Times) | |
Lock-in Period | 60 months | |
Premature payment | After 60 months | |
Loan facility | After 15 days | |
Maturity / Withdrawal | 121st Month |
Loan facility is available on deposit.
Loan can be availed upto 70% of deposit value (Principal plus interest credited till date).