Individual Overdraft Loan

2.Personal:
It is type of overdraft loan this loan invest for personal .
Feature:
1.The time period of this loan could be 1 years.
2.Customer can borrow 60% of valuation amount.
3.Customer can pay interest monthly/quarterly and principal renewable.
4.Service charge of this loan is 2%.
5.Interest rate Above 10 lakh is 15% and Upto 10 lakh is 16%.