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
  • 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

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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