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Personal, home, vehicle & other loans

Loan / against , , Relief Bonds and Policies

Term-loan or overdraft finance secured by eligible National Savings Certificates, Kisan Vikas Patra, Relief Bonds or policies for permitted bankable purposes.

Interest rate9.50% p.a. floating for loans/overdrafts against NSC, KVP, LIC policy or RBI Relief Bonds in Indian Bank's current rate table dated 14 August 2026.Maximum amountTerm loan minimum ₹10,000 with no upper ceiling; overdraft minimum limit ₹2 lakh with no upper ceiling, subject to prescribed margins.Repayment tenureNSC/RBI Relief Bond finance: up to 5 years or instrument maturity, whichever is earlier. LIC policy advance: up to 6 years or policy maturity, whichever is earlier.
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Quick eligibility check

Loan / against , , Relief Bonds and Policies

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Properly introduced customers, including staff, VRS/retired staff, corporates and reputed partnership firms, whose repayment capacity is appraised?

Published source: Eligibility

2Does your age meet this requirement: minimum entry age 18 years?

Published source: Eligibility

3Do you meet this requirement: Eligible securities must be in the applicant/borrower's name and money-back LIC policies are excluded?

Published source: Eligibility

4Do you meet this requirement: Repayment capacity for principal/interest is appraised?

5Does your age meet this requirement: minimum entry age is 18 years?

6Document checkDo you have at least one of these required documents: Salary certificate or ITR for repayment-capacity assessment?

Published source: Eligibility

7Document checkDo you have at least one of these required documents: Original NSC, KVP, RBI Relief Bond or LIC Policy?

Published source: Eligibility

8Document checkDo you have at least one of these required documents: Lien, assignment or transfer documents for the pledged security?

Published source: Eligibility

9Document checkDo you have at least one of these required documents: salary or ITR evidence?

Published source: Minimum income
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeSecured term loan or overdraft against NSC, KVP, RBI Relief Bonds or eligible LIC policies.View source
The page provides a term-loan or facility secured by charges on the named securities.
Source
Loan / against , , Relief Bonds and Policies — Indian Bank
Page / section
Loan Criteria; Security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate9.50% p.a. floating for loans/overdrafts against NSC, KVP, LIC policy or RBI Relief Bonds in Indian Bank's current rate table dated 14 August 2026.View source
The current table lists this securities-backed route at 9.50% p.a.
Source
Interest Rates on Personal Segment Loan Products: Floating — Indian Bank
Page / section
Other Retail Loans — Loan / Overdraft against // Policy/ Relief Bonds
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkThe current securities-backed rate row is labelled floating but does not identify a named benchmark or spread.View source
The official table publishes the floating percentage without naming a benchmark.
Source
Indian Bank securities-backed loan rate review
Page / section
Loan / Overdraft against // Policy/ Relief Bonds
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage or APR calculation is published on the reviewed securities-loan page or current floating-rate table.View source
The reviewed sources publish the interest rate but no calculation.
Source
Indian Bank // loan review
Page / section
Rate of Interest; complete product table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo minimum income amount is published; the bank appraises the customer's capacity to service principal and interest and asks for salary or ITR evidence.View source
The page requires repayment-capacity appraisal and salary/ evidence but no numeric income floor.
Source
Loan / against , , Relief Bonds and Policies — Indian Bank
Page / section
Target groups; Documents
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountTerm loan minimum ₹10,000 with no upper ceiling; overdraft minimum limit ₹2 lakh with no upper ceiling, subject to prescribed margins.View source
The quantum row states the separate term and minimums and no upper ceiling.
Source
Loan / against , , Relief Bonds and Policies — Indian Bank
Page / section
Quantum of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Repayment tenureNSC/RBI Relief Bond finance: up to 5 years or instrument maturity, whichever is earlier. LIC policy advance: up to 6 years or policy maturity, whichever is earlier.View source
The repayment row publishes the five- and six-year maturity-linked limits.
Source
Loan / against , , Relief Bonds and Policies — Indian Bank
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹1 lakh: nil. Above ₹1 lakh: ₹500 under the current Indian Bank schedule for loans against NSC/LIC Bonds.View source
The current fee schedule lists nil up to ₹1 lakh and ₹500 above it.
Source
Processing Fee on Personal Segment Loan Products — Indian Bank
Page / section
Loan against / Bonds
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureTerm loan: nil for individuals and 2% of balance outstanding for non-individuals. Overdraft: 2% of balance outstanding irrespective of borrower type.View source
The current charge table publishes the term-loan and prepayment rules.
Source
Indian Bank retail asset service-charge schedule
Page / section
Loan against / Bonds — Prepayment charges
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityProperly introduced customers, including staff, VRS/retired staff, corporates and reputed partnership firms, whose repayment capacity is appraised; minimum entry age 18 years. Eligible securities must be in the applicant/borrower's name and money-back LIC policies are excluded.View source
The official page publishes customer, age and eligible-security conditions.
Source
Loan / against , , Relief Bonds and Policies — Indian Bank
Page / section
Target groups; Age; Security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term loan minimum ₹10,000 with no upper ceiling
  • minimum limit ₹2 lakh with no upper ceiling
  • 25% margin for own securities and 50% for non-individual entities
  • Trade, housing, professional, personal-consumption and education purposes permitted

Eligibility

  • Repayment capacity for principal/interest is appraised; minimum entry age is 18 years.
  • Money-back policies are not eligible under the scheme.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Salary certificate or for repayment-capacity assessment
  • Original , , Relief Bond or Policy
  • Lien, assignment or transfer documents for the pledged security

Related official documents

Loan / OD against NSC, KVP, RBI Relief Bonds and LIC Policies — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗
Processing Fee on Personal Segment Loan Products — Indian Bankofficial-fee-schedule · current · accessed 31 Aug 2026
↗
Interest Rates on Personal Segment Loan Products: Floating — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

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Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Eligible customers · Published detailIntroduced customers including staff, retired staff, corporates and reputed partnership firms, subject to repayment-capacity appraisal.

This value is copied from Loan / against , , Relief Bonds and Policies — published terms. Check the table notes before relying on it.

Source: Loan / against , , Relief Bonds and Policies — Indian Bank · Complete loan criteria table and current rate/fee schedules Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsLoan / OD against NSC, KVP, RBI Relief Bonds and LIC Policies — published termsCurrent Indian Bank security-backed loan and OD terms.View tableHide table

Scroll sideways to view every column

Loan / OD against NSC, KVP, RBI Relief Bonds and LIC Policies — published terms
ParameterPublished detail
Eligible customersIntroduced customers including staff, retired staff, corporates and reputed partnership firms, subject to repayment-capacity appraisal.
PurposeTrade, housing, profession, personal consumption, education and other permitted bankable purposes.
QuantumTerm loan minimum ₹10,000; minimum ₹2 lakh; no upper ceiling, subject to margin.
Margin25% against own /// Relief Bonds; 50% for non-individual entities.
Repayment/ Relief Bond: up to 5 years or instrument maturity. policy: up to 6 years or policy maturity, whichever earlier.
Rate9.50% p.a. floating in current rate table.
Processing feeUp to ₹1 lakh nil; above ₹1 lakh ₹500.
PrepaymentTerm individuals nil; term non-individuals 2% outstanding; 2% outstanding.
SecurityLien on , assignment of policy or transfer of Relief Bond; money-back policy not permitted.
DocumentsSalary certificate/ and original , , Relief Bond or Policy.
Loan / against , , Relief Bonds and Policies — Indian Bank · Complete loan criteria table and current rate/fee schedules · accessed 31 Aug 2026Open official source ↗

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