Loan / Overdraft against NSC / KVP

This scheme helps borrowers get access to funds by pledging their securities such as National Savings Certificates (NSCs), Kisan Vikas Patra (KVP), Life Insurance Policies, etc. to the bank. While the main purpose of this loan / overdraft is to help the borrower to meet any contingencies and personal needs such as a wedding, overseas travel and so on.