Loan Against Deposit

Dnyankrupa Multistate offers a convenient Loan Against Deposit facility, allowing customers to borrow funds by pledging their fixed or recurring deposits without having to break them. This scheme provides instant liquidity at attractive interest rates, usually lower than regular loans, while your deposit continues to earn interest. With minimal documentation and quick approval, it’s an ideal option for handling urgent financial needs without disturbing your savings plan.

Aspects

• 1. Loan available against Fixed Deposit (FD)
• 2. Retain your deposit and continue earning interest
• 3. Instant loan disbursal
• 4. No need for additional collateral
• 5. Loan Limit: Up to 80% of deposit amount

ROI & Handling Charges

• 1. Interest Rate: Deposit ROI + 1% to 2% additional
• 2. Processing Fees: Nil or minimal
• 3. No Prepayment Charges
• 4. Tenure: Same as remaining tenure of the FD

Eligibility

• 1. Individuals holding Fixed Deposit or Recurring Deposit
• 2. Minors (through guardians) with deposit in their name
• 3. Joint holders with consent from all depositors

Documentation & Security

• 1. KYC Documents: Aadhaar Card, PAN Card
• 2. FD/RD Receipt or Certificate
• 3. Loan Application Form
• 4. Photograph