FA, 2020 amendment increasing...
Bank Name | Key Features | |
---|---|---|
|
Interest rate
10.50%-12.00%
Max Tenure
180 |
|
|
Interest rate
9.00% - 10.00%
Max Tenure
180 |
|
|
Interest rate
9.00%-11.00%
Max Tenure
180 |
|
|
Interest rate
10.00% -11.50%
Max Tenure
180 |
|
|
Interest rate
10.00% -11.00%
Max Tenure
180 |
|
|
Interest rate
8.75%- 9.5%
Max Tenure
180 |
|
|
Interest rate
9.00% - 10.00%
Max Tenure
180 |
|
|
Interest rate
10.00% - 11.00%
Max Tenure
180 |
|
|
Interest rate
9.00% - 10.00%
Max Tenure
180 |
|
|
Interest rate
10.00-11.00%
Max Tenure
180 |
|
|
Interest rate
10.00%-11.00%
Max Tenure
180 |
|
|
Interest rate
10.00% -11.00%
Max Tenure
180 |
|
The Dropline overdraft facility refers to the secured loan category where against a property as security, loan is given for a specified period where the loan amount is reduced every month / quarterly / semi-annually / annually (depends upon bank to bank) from the principal amount.
The right of ownership of the property is still with the borrower and you are still allowed to continue using it for residential or commercial purposes.There is no annual maintenance charge in drop line overdraft. The interest is charged every month.
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