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FDR Loan is an overdraft loan secured by our valued customer’s fixed deposit. The customer has to have a fixed deposit with Central Finance in order to get the service. The customer can receive borrowings against the fixed deposit receipt as collateral.
Rate:
Base Rate + upto 5.00%
- Nepalese citizen having minimum 18 years of age
- Individual with stable source of income
- Personal identification of loanee
- Photographs of loanee
- Family details
- PAN/VAT certificate (if business income)
- FD receipt