Loan Against FD/MIS
Loan Against FD/MIS
Financial emergencies don't wait, and we believe you shouldn't have to break your long-term savings to meet immediate needs. Our society provides a unique facility where you can leverage your existing Fixed Deposits or MIS schemes to get instant liquidity.
Jan Samriddhi Society Thrift & Credit Society Ltd. ensures that your money continues to grow while you fulfill your urgent financial requirements through this hassle-free loan facility.
Loan Against FD Max. Upto 90%
Loan Against MIS Max. Upto 75%
Interest Rate
- 2% more than the rate of interest on which the FD / MIS scheme is taken.
Conditions
- Must be a Member of the Society.
- The Loan amount is strictly based on the total value of the FD/MIS deposits held with the society.
- Original FD/MIS receipts must be lien-marked in favor of the society.
Key Benefits
- No Breaking of FD Required
- Minimal Documentation & Quick Processing
- Continue earning interest on your deposits
- Lower interest rates compared to personal loans
Documents Required
- Original FD / MIS Receipt/Certificate
- Loan Application Form (Society Copy)
- Member Identity Verification