Loan Against FD

Fixed deposit receipts, National Savings Certificates, other Government Securities and insurance policies:

Provided that such securities duly discharged shall be pledged with Bural Ltd and the maturity date of such securities shall not fall beyond the loan period or one year whichever is earlier.

Provided further that in the case of loan against fixed deposits, the period of loan shall not exceed the unexpired period of the fixed deposits.

KYC ( Know Your Customer) Norms for opening account are applicable for these accounts also, hence proof of residence and proof of identification will be required along with recent photograph of the depositor/s.

PROOF OF THE IDENTITY (any one of the following)

• Passport
• Unique Identification Number
• Income-tax PAN card
• Elector Photo Identity Card
• Driving licence
• Ration card

PROOF OF ADDRESS (any one of the following)

• Passport
• Unique Identification Number
• Elector Photo Identity Card
• Driving licence
• Ration card
• Telephone bill
• Bank account statement