Loan Against Deposit

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You can avail a loan in Indian rupees against the security of FIXED DEPOSIT BOND of SVS Bhagya Nidhi Ltd. The loan may be used to meet emergency financial requirements, to carry on business activities. You need not close the deposit prematurely, and can avail the loan

Terms & Conditions
  • 1. loan can be availed at the branch where you maintain the deposit.
  • 2. As an overdraft or as a demand loan.
  • 3. For a maximum of 75% of the face value of deposit, and including the interest accrued on the deposit.
  • 4. At an interest rate of 5% higher than your base rate of deposits.
  • 5. Loans are provided against Fixed Deposits, Cash Certificate and Recurring deposits.