|i||Eligibility||Any Individual, Proprietorship/Partnership Firms, Companies etc.|
|ii||Type of Facility||Loan and/or Overdraft limit.|
For any legitimate requirement of Funds.
10% of the Present value of Deposit.
|v||Rate of Interest||1% above the applicable rate of interest on respective Deposit A/C.|
|vi||Repayment||As required by the borrower, but not later than the date of maturity of Deposit A/c.|
|vii||Security||Pledge of Bank’s own Time Deposit Receipt and/or Recurring Deposit A/C in the name of borrower or any third party.|
|viii||Other Conditions||Need based credit limits to be assessed as per Bank’s policy/Rules.|
The Vaish Cooperative Adarsh Bank Ltd.
Head Office: 3, Netaji Subhash Marg, Darya Ganj, New Delhi-110002
Admin Office: 21B/7, New Rohtak Road, Karol Bagh, New Delhi-110005
Phone: + 011 41536048 / 45636048