Suvarnkranti Urban Multistate Nidhi Limited

Loan Against Deposit from Suvarnkranti Urban Multistate Nidhi Limited

Loan will be permitted on deposits for a period for the remaining period of the deposit or one year whichever is less up to 90% of the deposit amount carrying interest @2% pa. above the interest payable on such deposits or such other lower rates as may be fixed by the company from time to time(compounded monthly) The outstanding loan together with interest shall be settled in one lump sum or shall be adjusted automatically on maturity of deposit.

2% to 2.5%

Interest Rate

1 - 12 Months

Tenure

100% Safe

No Risk

90% of the Deposit Amount

Loan amount

Features & Benefits

Interest rate will be deposit int rate +2%
You can avail loan up to 90% of the deposit amount
Loans are provided against Fixed Deposits, Cash Certificate and Recurring deposits.
Simplified Paperwork.
Easy Payment options.
Anytime Liquidity.
You can obtain loans against deposits maintained with our another branch too. While availing the loan, the deposit receipts/ certificates shall be submitted to the branch for disbursing the loan.