OVERDRAFT/CASH AGAINST FIXED TERM DEPOSIT

PURPOSE

Loan against our Bank's Fixed Deposit

ELIGIBILITY

Must have Fixed Deposit with Mizoram Rural Bank

LOAN AMOUNT
  1. Minimum ₹ 10,000/-
  2. Maximum ₹ 85% of Fixed Deposit Amount or ₹ 4.65 crore whichever is less
MARGIN 20% of Fixed Deposit Amount
INTEREST RATE

1% Above Fixed Deposit Rate