Loan/ SOD Facility against NSC/ KVP Life Policies


Any legitimate business/ personal purpose except speculative/ prohibited purposes.


• Individual/s: Known to the bank and having securities (NSC/KVP) in his/ her/ their own name.
• Firms/Companies: Known to the bank and having securities (NSC/KVP) in the name of key person/s.

Maximum Permissible Finance under the scheme

75% of present discounted value of the NSC/ KVP
Present value OR ‘Present discounted value’ is the current worth of a future sum of money or stream of cash flows given at a specified rate of return. [In this case, it shall be principal plus interest payable (on date of advance) which shall be confirmed by the branch from post office concerned.


Pledge of NSC KVP

Loan Processing Charges

Up to Rs. 50,000/- :   Flat Rs.250/-
Above Rs.50,000/- :   Flat Rs. 500/-

* Conditions Apply