Now you can use your all types of Fixed / Term Deposits to fulfil 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 Credit & Supply Co-op Soc Ltd. 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.
Available to such workers who earn daily income and need quick access to funds without complex documentation.
Maximum loan amount of ₹50,000/- available, providing meaningful financial support for immediate needs.
Option for term of loan 3 or 6 months as per your repayment convenience and financial planning.
Repayment in easy daily instalments, making it stress-free and aligned with your daily income flow.
Terms applicable to all members of Shree Lambodar Credit & Supply Co-op Society Ltd.
Co-operative and help them make a better and brighter future for themselves. Shree Lambodar Credit Foundation is always working to help out the needy and give something back to the society through our various outreach programmes.
Become a member today and access our exclusive Daily Loan Scheme with easy daily instalments.