Mahaganpati Multistate
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Loan Against Pigmy

Loan Against Pigmy

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  • Loan against Pigmy is a great option for those looking to avail a loan at a better rate.

  • It provided for better convenience to the customers due to their day-to-day activities & Business development.

  • Depositor will continue to earn interest on the deposit though the depositor has availed a loan against it.

  • It is mandatory to not close or break the Pigmy deposit after availing the loan on account of ‘right to lien’ clause of the banks.

  • Loans can be availed up to a maximum of 3 times of the balance in the Pigmy Deposit account.

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