Get more from your investments. Put them to good use with SVC's Loans against Government Securities.
| Who can Borrow |
Individuals |
| Purpose |
To provide finance to meet urgent needs covering Child’s education, medical emergencies, travel etc. |
| Security |
Pledge of NSCs and Surrender value of LIC Policy |
| Margin |
15% |
| Type of Facility Repayment |
In case of Overdraft – Annual Review
In case of Term Loan - EMI |
| Processing Charges |
0.5% plus ST |
| Documentation Charges |
As applicable |
| Prerequisites |
- Application form along with KYC documents &Income Proof
- NSCs to be atleast 2 years old.
- LIC Policy (Assignable) to be in force for minimum period of 3 years.
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