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Baroda Loan/Overdraft Insurance Policy
Baroda Loan / Overdraft against Insurance Policy is available for any purpose other than financial speculation of any type against the assignment of insurance policy.
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Type of Facility
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Eligibility
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Loan Amount
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Margin Contribution
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Repayment Period
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Fees and Charges
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Terms & Conditions
Any of the following facility can be availed:
- Overdraft : For day to day transactions
- Demand Loan : Lump sum Loan Amount repayable in periodical installments.
| Loan Amount | |
|---|---|
| Minimum | $1,000.00 |
| Maximum | $250,000.00 |
Overdraft - 20% of latest net Surrender Value of Insurance Policy
Demand Loan - 10% of latest net Surrender Value of Insurance Policy
Loan can be within sixty months after the date of first disbursement.
Terms and Conditions apply
- For Fees and Charges Click here
- Terms and Condition Apply
