Phone: 044-25377520, 044-25370223

Weekdays 9.00 a.m to 4.30 p.m Sunday: 9.00 a.m to 11.30 a.m

Email: sempon1990@yahoo.co.in

LOAN AGAINST DEPOSIT

LOAN AGAINST DEPOSIT

SEMPON LOAN AGAINST DEPOSIT


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

  •   Nomination facility is available

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

  •    You can avail a loan against the security of FDR / RD deposits.

  •    Part-payment of Loan allowed.

Loan / OD against Deposits
Eligibility Term Deposit / Recurring Deposit Holder
Amount of Loan 75% of Principal of deposit.
Repayment * Flexible. * Maximum up to date of maturity of deposit.
Interest Rate Interest Rate: 3% over the contracted rate for the Term Deposit/Recurring Deposit pledged.
Security Pledge of Term Deposit/Recurring deposit Receipt.