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. 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.
Minimum loan amount available ₹10,000/-, making personal finance accessible for every member who needs it.
The term of loan will be 18 months, providing a structured repayment period that balances affordability and speed of clearance.
Repayment in easy monthly instalments, ensuring that loan repayment fits comfortably within your monthly budget and routine.
Only members can use our products and services.
If any person is interested in our society product, membership is compulsory.
Our products are only for those members who are resident of our working area.
Know Your Members (KYM) documents are compulsory for membership.
Rules and Regulations are similar for every member, ensuring fairness and transparency.
Become a member of Shree Lambodar Credit & Supply Co-op Society and access our Personal Loan Scheme with easy monthly instalments starting from ₹10,000.
