Loan against Life Insurance Policy.
|Limit per Borrower:||90% of Surrender Value or Rs.100.00 lacs
Whichever is lesser OR
Maximum upto 15% of Tier 1 and 2 Capital Fund as per RBI norms.
|No. of EMIs:||60
(B.O.D. reserves right to change according to repayment capacity of applicant).
|Rate of Interest:||As per policy determined by B.O.D. keeping In view prevailing Market Rates, subject to Verification.|