| Eligibility | Members / Nominal Members of the Bank including illiterate, If N.S.C. is in the name of minor, Guardian of minor can avail loan for the benefit of former. |
|---|---|
| Purpose | Personal exigencies / Business |
| Amount | Demand loan |
| Margin | 25% of face value of NSC with residual maturity period is more than 3 years. 15% of face value of NSC with residual maturity period is less than 3 years. |
| Repayment | Maximum four years or maturity of NSCs whichever is earlier. |
The Malad Sahakari Sahakari Bank Ltd is registered with DICGC
(https://www.dicgc.org.in)