Loan against Deposits
Members can avail instant loans against their existing deposits without breaking them. The Loan Against Deposit facility at Prime Indian Nidhi Ltd. provides members with quick access to funds by using their existing deposits as security, without the need to break or prematurely close them. This convenient financing option offers lower interest rates, faster processing, and flexible repayment terms, while allowing the deposit to continue earning interest. It is an ideal solution for meeting short-term financial needs with ease and efficiency.
KEY FEATURES
- Quick disbursement
- Lower interest rates
- Continued deposit benefits
FREQUENTLY ASKED QUESTIONS
Answers to Help You Decide Better
How much loan can I get?
Up to a percentage of the deposit value.
Will my deposit continue earning interest?
Yes, deposits continue to earn interest.
Is repayment flexible?
Yes, repayment options are member-friendly.
What happens if I default?
The loan amount may be adjusted against the deposit.