Also known as Deposit Cash Credit Loans, these are credit facilities available against your own deposits held with Tirur Urban Bank. They provide quick access to funds at favorable rates, leveraging your deposits as collateral.
| Security | Loans are secured against your Fixed Deposit (FD), Recurring Deposit (RD), or Daily Deposit held by the bank. |
| Loan Amount | Based on the deposit value and applicable margin. |
| Repayment Period | Aligned with the maturity of the underlying deposit (i.e., term of the deposit). |
| Interest Rate | Charged at 2% above the prevailing deposit interest rate |
| Documentation | Minimal—primarily proof of the eligible deposit and ID as per bank norms. |
