LOAN AGAINST TERM DEPOSITS

Kerala Gramin Bank provides you easy and hasle free loan against your deposits with the bank to meet your urgent and unforeseen personal expenses.

Purpose

  • For undertaking Agricultural activities
  • For undertaking MSME activities
  • Any other bonafide reasons including personal purposes.

Eligibility

  • Customers who are having term deposits with us.
  • NRE term deposit holders are also eligible under this scheme.

Limit & Margin

    Limit

  • Loans are provided against Fixed deposits, Cumilative Deposits and Reccuring Deposits.
  • Can avail upto 90% of the deposit amount as loan.
  • While availing the loan, the deposit receipts/ certificates shall be submitted to the branch disbursing the loan.
  • Margin

  • For loan against Term Deposits - 20% of the outstanding balance
  • For loan against Daily Deposits - 25% of the outstanding balance

Security

  • The deposit receipts/ certificates shall be submitted to the branch disbursing the loan.

Repayment

  • Due date of loan account is date of maturity of deposit

Interest Rates & Charges

  • Please visit Loan interest rates page for details.
  • Please visit Service charges page for more details.
  • For undertaking Agricultural activities
  • For undertaking MSME activities
  • Any other bonafide reasons including personal purposes.
  • Customers who are having term deposits with us.
  • NRE term deposit holders are also eligible under this scheme.

    Limit

  • Loans are provided against Fixed deposits, Cumilative Deposits and Reccuring Deposits.
  • Can avail upto 90% of the deposit amount as loan.
  • While availing the loan, the deposit receipts/ certificates shall be submitted to the branch disbursing the loan.
  • Margin

  • For loan against Term Deposits - 20% of the outstanding balance
  • For loan against Daily Deposits - 25% of the outstanding balance
  • The deposit receipts/ certificates shall be submitted to the branch disbursing the loan.
  • Due date of loan account is date of maturity of deposit
  • Please visit Loan interest rates page for details.
  • Please visit Service charges page for more details.

OUR KEY PRODUCTS

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

615+

Branches

10,500+

Networked ATMs

3500+

Employees

70,00,000+

Happy Customers

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