Nature of Loan - LOAN ON PIGMY DEPOSIT
Rate of Interest - 12.00%
Instalment/ Period – Deposit’s Maturity Rate
Details (Purpose) – No Purpose Required
Loan against Pigmy deposit is a great option for those looking to avail a loan at a better rate. Moreover, Depositor will continue to earn interest on the deposit though the depositor has availed a loan against it. It is mandatory to not close or break the Pigmy deposit after availing the loan on account of ‘right to lien’ clause of the banks.
Nature of Loan - LOAN ON PIGMY
Rate of Interest - 12.00%
