Deposit Loan
Unlock the Value of Your Fixed or Recurring Deposits – Quick, Safe & Reliable
The Deposit Loan at Devbag Credit Souharda Co-Operative Ltd. allows FD or RD holders to access immediate funds by pledging their deposit certificates. It’s a safe, transparent, and convenient way to meet urgent personal, medical, or business financial needs without breaking your savings.
Key Features
- ✅ Loan available exclusively for FD or RD holders
- ✅ Loan amount up to the value of the pledged deposit
- ✅ Attractive interest rate: 13% per annum
- ✅ Special rate for senior citizens: 14.50% per annum
- ✅ Quick processing with minimal documentation
- ✅ Flexible repayment options aligned with deposit maturity
- ✅ Transparent terms and no hidden charges
Documents Required
For Salaried Individuals:
- FD or RD certificate (original)
- Aadhaar Card
- PAN Card (mandatory for high-value loans)
- One passport-size photograph
- Duly filled loan application form
Who Can Apply?
- Individuals holding active FD or RD accounts
- Senior citizens seeking higher loan interest advantages
- Professionals, homemakers, and business owners with deposits
Loan Highlights
- Loan Type: Deposit-Backed Loan (FD/RD)
- Loan Amount: Based on pledged deposit value
- Interest Rate:13% per annum (14.50% for senior citizens)
- Tenure: Flexible, generally aligned with deposit maturity
- Security: Pledge of FD or RD certificate
- Quick and hassle-free disbursal
Apply Easily at Your Nearest Branch
Visit any of our branches in Devbag, Sadashivgad, or Karwar, and our loan experts will guide you through a smooth, transparent process, ensuring your business gets the financial support it needs to grow and succeed.
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