Loans
Loan Against FD
![](https://nishantmultistate.com/wp-content/uploads/2024/06/Fixed-Deposits.jpg)
Aspects
- Hassle-free Loan Processing.
- Quick disbursal.
- Minimum documentation.
- No guarantors.
- Maximum loan limit is up to 80% of FD amount.
- Loan tenure is as per FD tenure.
ROI & Handling Charges
- Rate of Interest is +2% of the FD interest.
- No Processing Fees
- No Handling Charges.
Eligibility
- The applicant must have Fixed deposit recipe of our society.
- Original FD Receipt should be kept in the Society as a security.
- Applicant should be Share holder of the Society.
Documentation & Security
- In case of new customer, applicant & guarantors need to open savings / current account
- Duly filled form with :
- Residential Proof of Applicant
- PAN Card of Applicant
- KYC of Applicant
Share Holdings
- Regular membership is necessary.