AKSHAY SANCHAY’s Loan Against deposit
You can avail a loan in Indian rupees against the security of Fixed Deposit Bond of the Akshay Sanchay Nidhi Limited. 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.
- At the Head Office or 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 and interest rate of 5% higher than your base rate of deposit.