Loan against Government Bond/Securities enables an individual or firm to avail a loan against the value of the securities and bonds in their possession.
Generally, Credit against Govt. / NRB Instrument will be extended up to 90% of the value of instrument. However, in exceptional cases, the credit may be extended up to the face value of the instrument upon approval from a competent authority.
The tenure of the loan shall be for a period of one year.
Interest rate on 'Loan against GB' will be decided by the competent authority from time to time.