Loan against Deposit Receipt
An ideal way to maintaining liquidity while optimizing the returns of
your invested funds.
Loan against Fixed Deposits is a facility offered by Maa Rewa Nidhi Limited to our members against
your deposits held with us. For your liquidity requirements, avail 90% of the value of
deposits held, without breaking the deposit.
You can avail a loan against the security of FDR / RD deposits.
You need not close the deposit prematurely, and can avail the loan:
- At the branch where you maintain the deposit.
As an overdraft or as a demand loan.
- For a maximum of 90% of the face value of deposit and including the interest accrued
on the deposit.
- At an interest rate linked to Deposit Rate against FD/RD deposits.