Personal Loan Scheme
Now you can use your all types of Fixed / Term Deposits to fulfill your financial requirements without having to liquidate it in an hour of need, against the security of your deposits:
In order to access funds at a short interval, one can avail a loan against fixed deposits held with the Shree Lambodar Creadit . While liquidating a deposit prematurely may involve penal charges, personal loans have higher interest rates as they are unsecured. The advantage of taking a loan against fixed deposits is that interest rates on these are usually lower than personal loans since they are secured by the underlying deposit.
Details
- 1. Minimum loan amount available Rs. 10000/-
- 2. Term of loan will be 18 months.
- 3. Repayment in easy monthly instalments.
Declaration
- 1. Only members can use our products.
- 2. If any person interested in our society product the membership is compulsory.
- 3. Our products are only for those members who are resident of our working area.
- 4. KYM(Know Your Members) documents are compulsory for membership.
- 5. Rules and Regulations are similar for every member.