Deprived Loan is specially designed for small borrower or deprived sector. Customer who needs small money for a small time line can apply for this type of Loan. Interest rate will be Base Rate+Premium Rate(2-4%)
- Customers can pay their installment in quarterly basis or in monthly basis as per their requirement and request.
- The time period of loan could be 1 year - 5 year.
- Customers can borrow maximum 50% of valuation amount.
- Upto 1.75% service charge on sanction amount.