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 Initial Public Offer (IPO)
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Purpose
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For subscribing to the initial public offering of the companies.
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Eligibility
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Salaried Employees & other individuals.
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Loan amount
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Minimum Rs 0.50 Lacs
Maximum Rs. 10.00 Lacs
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Margin
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50 %
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Rate of Interest
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14.00 % p.a. (Fixed) Interest collected upfront for a minimum period of 20 days and is not
refundable in any case.
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Processing Charges
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Rs 200/- irrespective of the loan amount
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Repayment
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Minimum period : 30 Days
Maximum Period :90 Days
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Delivery Channel
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42 designated Branches
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