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 |