| Purpose |
Financing against lien mark of FDR/Govt./NRB Bond. |
| Financing Ratio: |
Maximum 90% value of the FDR/Govt./NRB Bond. |
| Nature |
Revolving & renewable within the validity of lien marked FDR/Govt./NRB Bond |
| Disbursement |
Full loan amount after lien marking of FDR/Govt./NRB Bond and completion of the loan documentation. |
| Principal Repayment |
Partially or lump sum within expiry. |
| Interest Repayment: |
On quarterly basis and/or on loan expiry date. |
| Security: |
At least 111% coverage by the value of the FDR/Govt./NRB Bond under lien. |
| Tenure: |
Maximum up to 15 days before the validity of the lien marked FDR/Govt./NRB Bond. |
