Loan against NSC/KVP/LIC Policies/Govt Sec.
Purpose
- For Personal/Business requirements
Eligibility
- Individuals & Business Entity
Features
- Loan upto 60 months
- Nominal Processing Charge
- No Hidden Charge
- No Pre-payment/fore-closure charges
- Interest is charged on reducing balance on daily basis
- Finance available upto 90% of value of Security
- EMI must be served regularly
- No Guarantors Required
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Documents Required (Illustrative Only) |
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| (Applicants & Guarantors) | ||
| Salaried | Self-employed/ Professional | Self- employed Businessmen |
| PAN, Election Card, Driving Licence, Passport Etc. | ||
| Resi Proof: Property Tax bill, Light Bill, Telephone Bill, Gas Bill | ||
| Form 16, Last 3 Years | ITR (Computation of Income, P&L, Balance Sheet) for last 3 Years ITR for last 3 years | |
| Salary Slip of last 6 Months | Proof of Business Existence | |
| Last 6 Months' Bank Statements | Last 6 Months Bank Statements (self & Business) | |
| Loan Statements & Sanction Letter of Existing Loans (If any) | ||
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Any other document/certificates as required by Bank |
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Security
- Pledge of NSC/KVP, Assignment of LIC Policies
- Other parameters considered include age, income, number of dependents, financial stability, Family Member's income & past track record etc.
Important Links
Latest News
- 2022-03-29
Concept of overdue sma and npa classification and upgradation as per rbi guidelines - 2023-03-06
Pandesara Brach going to shift-which is currently located at Ground Floor, Vrajlal Dhamanwala Service Complex, GIDC, Pandesara, Surat 395010 will be shifted to new premises at Plot No.69-71, Ground Floor, Shri Ram Estate, Pramukh Park, Pandesara, Bhedwad, Surat 394221 shortly. - 2021-08-05
Card Control / Limit Control through Mobile BankingNow customer can control of their Rupay Debit Card ATM / POS / Ecom Channel and Limit through Mobile Banking. - 2021-08-03
Ring Road Branch going to shift
Ring Road Branch which is currently located at “First Floor, B-Wing, Millennium Textiles Market, Ring Road, Surat 395002 will be shifted at new premises “ Ground Floor, WTC Building, Market Exchange, BSNL, B/S Millennium Textile Market, Ring Road, Surat 395002 ” shortly. All customers of Ring Road Branch are requested to take a note of it. - 2020-10-06
Introduce ATM Debit Card Channel Control through SMS - 2020-08-27
Udyam Registration Notice - 2020-02-01
SPCB RuPay Debit card POS / Ecom Limit increased - 2018-04-02
BE AWARE OF FAKE RECRUITMENT ADVERTISEMENTS - 2018-06-01
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day issued in the interest of investors. - 2019-09-01
Surat Peoples Bank never sends Email/SMS or Calls you over phone to get your personal detail, Password or OTP. Any such communication is an attempt to CHEAT YOU - 2018-04-02
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary
