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LOAN ON NATIONAL SAVINGS CERTIFICATE (NSC)

Eligible persons Applicant must have National Savings Certificate in own name.
Age Above 18 years
Loan Amount Avail loan up to 80% of face value of NSC .
Loan Term Up to the Maturity Date of NSC .
Rate of interest 12% .
Security Pledge of NSC/KVP, noting of lien with Post Office
Documents to be submitted 1) Completed Loan Application
2) National Savings Certificates Lien marked by the Post Master
3) Completed Letter of Authority
4) Completed Letter of Undertaking

DOCUMENTS REQUIRED

  • 1: Application form.

  • 2: Introduction.

  • 3: Recent Photograph two numbers

  • 4: Address Proof and Identify proof

  • 5: KYC Any one document from each of the following two lists subjects to Banks satisfaction

Latest Photo Identification Documents

  • 1: Passport.

  • 2: PAN card.

  • 3: Voters Identity Card

  • 4: Driving Licence

  • 5: Identity card issued by the Govt / Public Authority / (Reputed institutions subject to Satisfaction of bank)

  • 6: Letter from employer subject to satisfaction of Bank.

  • 7: Aadhar / UIDAI Card.

Latest Documents showing address proof

  • 1: Ration Card.

  • 2: Passport with same address.

  • 3: Telephone Bill Recent month.

  • 4: Letter from employer Subject to satisfaction of Bank

  • 5: Bank Account Statement with Address.

  • 6: Electricity Bill.

  • 7: Income Tax /Property Tax Assessment Order / Receipt.

  • 8: Credit Card.

DOCUMENTS REQUIRED FOR COMPANY ACCOUNTS

  • 1: Board resolutions.

  • 2: Memorandum of Association.

  • 3: Articles of Association

  • 4: Certificate of Incorporation

  • 5: Certificate of Commencement of Business (for public limited companies).