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Eligibility
  • Term Deposits with CITIZENCREDIT Bank
   
Sanction Limit
  • Maximum 90% of face value of the Deposit
   
Repayment period
  • Determined on case-to-case basis
  • No pre-payment penalty
   
Rate of interest
   
Security
  • Lien to be marked on the Receipt
   
Documents Required
  • Term Deposit Certificate duly discharged (pledged to the Bank during loan term)
   
* Loans against third party deposits : 2% above the Deposit Rate OR PLR whichever is higher.
Loans & Advances