DEMAND LOAN AGAINST TERM DEPOSIT
| PURPOSE |
Loan against our Bank's Fixed Deposit
|
| ELIGIBILITY |
Must have Fixed Deposit with Mizoram Rural Bank
|
| LOAN AMOUNT |
- Minimum ₹ 10,000/-
- Maximum ₹ 85% of Fixed Deposit Amount or ₹ 4.65 crore whichever is less
|
| MARGIN |
15% of Fixed Deposit Amount
|
| INTEREST RATE |
1% Above Fixed Deposit Rate
|
