GS Mahanagar Co-operative Bank - Loan Against Other Securities

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Loan Against Other Securities (LIC/KVP/NSC/FD)

Secured Cash credit (OD) against NSC/KVP/RBI Bonds :- 80% of the accrued value.
Loan/OD Against LIC policies :- 80% of the surrender value.
Loan /OD against FDR :- 90% of the accrued value.

No Membership for Loan Against Self Fixed Deposit (FD).
The Borrower should be Regular members of the Bank.
The Borrower should be Nominal member in case of loan against third party fixed deposit.

Loan application.
Residential proof, Pan Card, Aadhaar Card of Applicant.
Original Security documents.
Any other document required by bank.

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Educational Loan

GS Mahanagar Bank aim to offer financial support to the deserving and needful students.

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