Loans

Bank Receipt

Eligibility Any deposit holders.
Purpose Domestic and personal.
Quantum of Loan 75% of issue price and accumulated balance of Fixed Deposit Receipt and Recurring Deposits accounts respectively.
Rate of
Interest		 1% above the deposit interest rate.
Repayment
Period 		Upon maturity of deposits duly discharged or monthly installments.
Security Pledge of deposit receipts.
Documents
Required
  • Application-Cum-Take Delivery Letter.
  • Application for Overdraft against Deposit Receipts.

For further information, please contact our nearest branch or the Credit Department at Head Office, Phuentsholing.