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26th September 2017, 01:23 PM
Super Moderator
 
Join Date: Aug 2012
Re: Indian Bank Overdraft Facility

As you want to know information about Indian Bank, Loan / OD against Deposits facility here I will help you for that.

Here getting details for you

Eligibility
Term Deposit Holder of our Bank.

Amount of Loan
90% of accrued value of deposit.

Margin
10% on accrued value of deposit.
Interest Rates 2% over the applicable rate for the Term Deposit pledged.

Repayment
Flexible.
Maximum upto date of maturity of deposit.

Security
Pledge of Term Deposit.

Salient Features
For any bankable purpose.

Other products
Featured Products / Services / Schemes
N R I - Foreign Exchange
Wealth Management Services
Educational Loan
ASBA ( for IPOs)
Supreme Current Accounts
Centralized Pension Processing
IB i-Freedom Current Accounts

Products - category wise
Agriculture Business Cards
Corporates Demand Deposit Group
Insurance NRI Personal / Individual
Professional/ Self Employed Property Remittance
SME Technology Term Deposit

Address:-
Indian Bank
PB No: 5555, 254-260, Avvai Shanmugam Salai,
Royapettah, Chennai - 600 014

Phone:-
044 28134300


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