Loan Against National Savings Certificates
Arthvaya India Nidhi Limited
Loan against National Savings Certificates (NSC) / Kisan Vikas Patra (KVP)
Nature of facility:
• Term Loan = 12 months
Margin
• 25% of face value of NSC /KVP ( if residual maturity period is less than 3 years)
• 30% of face value of NSC /(KVP) ( if the residual maturity period is 3 years and above)
Amount of advance:
• Minimum - Loan : Rs.3000/-
• MAXIMUM - Rs. 100000/-
Arthvaya India Advance Against Securities INTEREST
A Against NSC/KVP Loan: 20.00% or 2.0% over FILE CHARGES NSC / KVP rate, whichever is higher
B Life Insurance Policy Loan: 20 + 3.50% FILE CHARGES
ABOUT ARTHVAYA:
Arthvaya India Nidhi is a Mutual Benefit Company headquartered in Gaya, Bihar. It is a nonbanking financial company doing the business of lending and borrowing between its members or shareholders... READ MORE