Against Govt. Security

Against Govt. Security  

¨ This facility is to be allowed against the pledge of NSC/KVPs.

¨ Our charge on NSCs/KVPs should be got registered with the concerned post office.

¨ Maximum loan/overdraft may be allowed up to 80 % in NSC Series VIII (issued for 5 or 6 Years and to 70 % in NSC series IX (issued for 10 years) of face value, and 75 % in KVP (Issued for 100 months).

¨ Margin as per bank policy.