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Special Saving Scheme Loans (SSS)

Special Saving Scheme Loan (SSS)
Special Saving Scheme Loan (SSS)

Applicable for existing SSS Customers. Under SSSOD / SSSSLN Loan
Maximum Amount of Loan Rs.10.00 Lakh
Margin

1. SSSSLN- 50%

 

2. SSSOD – 5% for loan against SSS balance.
Eligibility SSS / Daily Collection account with us.
Rate of Interest

1. General ROI – SSSOD- 7% p.a. against SSS outstanding Balance (90 to 95%)

 

2. SSSSLN – 11% p.a.
Maximum Repayment period

1. SSSOD 12 Months

 

2. SSSSLN 12 / 24 /36 Months
Processing NIL
Existing terms and conditions as per Bank policy All other terms and conditions will continue as per Bank policy in place – As Applicable