BMB Advance Against Securities – FDR/NSC

Features

  • Quick processing
  • No pre- payment penalty
  • Overdraft /term loan facility available
  • Margin:
  • 15% on value of FDR
  • 20% on value of NSC
  • 25% of present surrender value of LIC Policy
  • Third party FDR also accepted

Rate of Interest:

  • 1.50% above FDR rate if FDR in own name
  • 2.50% above FDR rate if FDR in third party name
  • 2.00% above base rate on NSC.
  • 2.00% above base rate on LIC Policies.

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  • Lockers available at our Branches in Mumbai, Raipur, Dehradun, Kanpur, Kolkata, Thiruvananthapuram, Ranchi, Agra, Chennai, Jaipur, Agartala, Alwar, Bengaluru, Chandigarh, Panaji, Gurgaon, Lucknow, Hyderabad, Kochi, Panchkula, Indore, Bhubaneswar, Bhubaneswar, Thane, Najafgarh

  • Lockers available at our Branches in Agartala, Agra, Alwar, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Coimbatore, Dehradun, Goa, Gurgaon, Hyderabad, Indore