top of page

EQUALS

88607_edited.png

Make

Things Happen.

An ideal way to maintaining liquidity while optimizing the returns of your invested funds

​

  • Loan against Deposits is a facility offered by Equals Nidhi to their members. against your FD/RD deposits held with us. For your liquidity requirements, avail 75% of the value of deposits held, without breaking the deposit.

​

FEATURES

​

  • Eligibility  Fixed Deposit / Recurring Deposit Holder.

  • Amount of Loan 75% of Principal of deposit.

  • Repayment: 

  1. Flexible. 

  2. Maximum up to date of maturity of deposit.

  • Prepayment charges/Interest Rate:

  1. 2% over the contracted rate for the Term Deposit/Recurring Deposit pledged.

  2. Security Pledge of Term Deposit/Recurring deposit Receipt.

bottom of page