3300 Crores

Loan Against Deposit

The Loan against Term Deposits is an overdraft facility specifically designed to offer you liquidity without compromising on the returns on your term deposits.

While your term deposits continue to remain in your name and earn interest for you, you can avail substantial loan against them.


Therefore, if you need money now, you do not have to liquidate your term deposits. Just avail loan against term deposits from Lokmanya Society. The process of securing the loan is simple and unambiguous, thereby allowing you to avail it easily.

 Purpose :  Personal
 Eligibility :  Term deposits in the name of the borrower
 Amount of finance :  No ceiling
 Margin :  15% (Finance up to 90%)
 Security :  Pledge of term deposit receipts
 Repayment :  Payable on demand
 Interest rate

:  Rate of interest of the FDR + 2%

If you have any complains or inquiry please click here Enquiry