Loan Against Deposit

Jeevodhaya Sahaya Nidhi Limited provides an ideal way to maintain your liquidity while optimizing the returns of your invested funds.

Loan against Deposits is a facility offered by Jeevodhaya Sahaya to its members against their deposits held with Jeevodhaya Sahaya. For your liquidity requirements, avail 70% of the value of deposits held, without breaking the deposit.

You can avail a loan against the security of FDR / RD deposits without prematurity and fulfill your urgent cash/financial needs:

  • At the branch where you maintain the deposit.
  • As an overdraft or as a demand loan.
  • For a maximum of 70% of the face value of deposit.
  • At an interest rate linked to Deposit Rate against FD / RD deposits.
  • Interest for loan appropriated against interest payable to Deposits.

Loan / OD against Deposits

Eligibility Term Deposit / Recurring Deposit Holder
Amount of Loan 70% of Principal of deposit.
Repayment * Flexible.
* Maximum up to the date of maturity of deposit.
Prepayment charges Interest Rate:
2% to 4% over the contracted rate for the Fixed Deposit/Recurring Deposit pledged.
Security Pledge of Fixed Deposit/Recurring deposit Receipt.

KYC Documents required for Registered Mortgage Loan

  • Proof of Identity – Voter ID, Aadhar Card, PAN Card (Any one).
  • Proof of Address – Voter ID, Aadhar Card, Ration Card, Telephone bill, property tax bill, lease deed (Any one).
  • Two Passport size photographs.
2021 Copyright © Jeevodhaya Sahaya Nidhi Limited. All Rights Reserved
This is the official Website of Jeevodhaya Sahaya Nidhi Limited.
Software Developed by
Nidhi Software India
Website Designing by
Adysoft India