Loan Against Deposit
Loan against FD/RD/DDS offers you instant liquidity and no need to sell your FD/RD/DDS for short term cash problem. All you have to do is pledge your securities/Policy doc in favour of NAGRIK SAHAKARI BANK MYDT VIDISHA . Then we will grant you money up to value determined on the basis of securities provided by you.
Benefit of Loan Against Deposit
- Simple process to get loan.
- Easy repayment and instalments schedule.
- No need to disinvest your hard earned money for short term cash requirements.
- Vary easy documentation.
- Repayment Period: 10 years in case of Term Loan OR date of maturity whichever is earlier.
- FDR-80% of Face Value / 75% in case of MI.
Eligibility
FD/RD/DDS should be in force for a minimum period of 3 Months.
