Loan Product · Loan Against Deposit
Instant Loan Against Fixed Deposit in Maharashtra
Access funds without breaking your FD/RD — continue earning interest, quick disbursal, no extra collateral.
The Loan Against Deposit facility offered by Dnyankrupa Multistate Co-operative Credit Society Ltd. allows deposit holders to access funds quickly without breaking their savings. Members can take a loan against their Fixed Deposit (FD) or Recurring Deposit (RD) while continuing to earn interest on their deposit.
This facility is ideal for individuals who need immediate financial support but do not want to prematurely withdraw their investments. By availing a loan against deposit, members can maintain their savings while fulfilling urgent financial requirements.
- Loan against Fixed Deposit
- Continue earning interest on your deposit
- Quick loan disbursement
- No additional collateral required
Loan Aspects
The Loan Against Deposit facility provides quick financial support with simple procedures.
- Loan available against Fixed Deposit (FD).
- Retain your deposit and continue earning interest.
- Instant loan disbursal.
- No need for additional collateral.
- Loan limit up to 80% of deposit amount.
This facility ensures that members can access funds while keeping their investment intact.
ROI & Handling Charges
Loan tenure same as remaining tenure of the FD. This structure allows borrowers to repay the loan conveniently while maintaining their deposit investment.
Rate of Interest
Deposit ROI + 1% to 2% additional
Handling Charges
Nil or minimal. No prepayment charges.
Why Choose Loan Against Deposit?
Continue Earning Interest
Members can keep their deposit active while receiving funds.
Quick Loan Approval
Loan processing is fast because the deposit itself acts as security.
No Additional Collateral
The deposit serves as collateral, eliminating the need for extra security.
Flexible Repayment
Loan tenure matches the remaining deposit tenure, making repayment convenient.
Eligibility
The Loan Against Deposit facility is available for:
- Individuals holding Fixed Deposit or Recurring Deposit.
- Minors (through guardians) with deposit in their name.
- Joint holders with consent from all depositors.
Documentation & Security
To apply for a Loan Against Deposit, the following documents are required:
- KYC Documents: Aadhaar Card, PAN Card
- FD / RD Receipt or Certificate
- Loan Application Form
- Photograph
These documents help verify deposit ownership and process the loan smoothly.