Nutan Bank

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 for loan/overdraft should not be less than 10.0 %.

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