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%)
 
Features:

  1. Customers can pay their installment in quarterly basis or in monthly basis as per their requirement and request.
  2. The time period of loan could be 1 year - 5 year.
  3. Customers can borrow maximum 50% of valuation amount.

 Fees:

  • Upto 1.00% service charge on sanction amount.