"Abhyudaya Bank - Now Corporate Agent of LIC of India and the New India Assurance Co. Ltd. all types of Policies available through network of our Branch"

Recruitment for the post of Personnel Manager

" Per day limit of ATM withdrawal is increase to Rs.25,000/- for our Customers "



Abhyudaya Co-operative Bank Ltd.
 
 



NEWS AND EVENTS

LOAN / SECURED OVERDRAFT AGAINST GOVT. SECURITIES
The Loan / Overdraft amount can be used for any purpose but shall not used for purposes prohibited by law
(A) Against NSC/ KVP/ & RBI Bonds (Own):
      • upto 2 years old :70% of accrued value
      • above 2 years to 4 years old : 75% of accrued
          value
      • above 4 years : 85% of accrued value

(B) Loan Against KVP:
      90% of Accrued value

(c) SOD Against NSC / KVP / RBI Bonds :
       80% of Accrued value.

(d) Loan/SOD against LIC Policy (Own):
 • 90% of surrender value.

 • Max. 60 installments
 • 3 years for overdraft to be reviewed on yearly basis

 • Max. 60 installments
 • 3 years for overdraft to be reviewed on yearly basis


Assignment & Pledge of NSC/ KVP/RBI Bonds or of LIC Policies (Own).


NIL

 
(a) Loans - Nil
(b)Secured Overdraft – Rs.100/-

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