Shine Resunga Development Bank

Head Office : Siddhartha Road, Butwal-8,
Rupandehi 071-551500,551498

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Loan against FD and government securities

Target Segment:
  • Individual Nepali Citizen / Entity.
 
Purpose:
  • To fulfill the various needs of Individual / Entity.
 
Loan Limit:
  • Upto 90% of the FIxed Deposit Amount maintained with this Bank of Respective Branch Only.
  • Incase of Inter Branch FD Loan approval from Corporate Loan Department is compulsory.
 
Loan Tenure:
  • Shall not exceed the  Maturity Period of Fixed Deposit.  
 
Interest Rate:
  • It shall be the published rate by Bank from time to time.
 
Documents Required:
  • Application form with photo/Company Seal from Applicant/ Co -applicants/ Authorized Person of Entity.
  • Citizenship Certificate of Applicant/Co-Applicant.
  • Fixed Deposit Receipt.
  • Minutes in case of Entities for taking Loan and Delegation of Authority for Loan.
  • Any other documents to justify the loan that may be decided by the management from time to time or as may be required by regulatory requirement.