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Avail of Foreign Currency loans with your FCNR deposit as collateral. Retain your FCNR deposit while you meet your financial needs overseas. You can utilize the loan amount for any purpose whatsoever other than investing in India.
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Benefits |
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Our Loans against Securities offer you several advantages:
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Loans are available in USD, GBP, Euro and JPY
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The Loan limit is up to 90% of deposit value
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Flexible interest repayment options i.e. monthly compounded interest can be charged quarterly or on maturity, as per instructions
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Repayment can be effected by fresh remittances in foreign exchange or by adjustment of the deposit
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Option of receiving funds either by way of a Foreign Currency TT or draft
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| Apply Now |
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To apply, contact us now.
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