Loan Against NSC/KVP

Any Business / Personal purpose other than for speculative ones.

Applicant must have National Savings Certificate / Kisan Vikas Patra in own name.

Minimum loan amount is Rs.10, 000/ subject to following margin as per the age of NSC/KVP with no upper ceiling.


Age of NSC/KVP Loan Amount Margin
More than 3 years                 100% of Face Value NIL
More than 2 years but less than 3 years 90 % of Face Value 10%
Less than 2 years 75% of Face Value 25%

Pledge of NSC/KVP, noting of lien with Post Office.

Loan to be liquidated within the tenure of the instruments or earlier (By equated monthly installment, for term loan).