Loan Against Deposit
Borrow against your fixed deposit without breaking it
Sant Sopankaka Co-Op. Bank Ltd. allows you to avail loans against your Fixed Deposits at just 2% above your FD rate. Borrow up to 85% of your deposit amount without losing your deposit's interest earnings.
Borrow Against FD
Use your existing Fixed Deposit as collateral — no need to break it and lose interest.
Low Interest Rate
Interest charged at only 2% above your FD rate — one of the cheapest loan options.
Up to 85% of Deposit
Borrow up to 85% of your fixed deposit value for your financial needs.
Instant Processing
Quick disbursal since your own deposit serves as the security — minimal paperwork.
FD Continues to Earn
Your FD continues earning interest even while you borrow against it.
Govt Securities Accepted
Loans also available against NSC, KVP, and LIC policies up to ₹10 Lakhs.
Who Can Apply?
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Existing FD / RD Holders
All existing customers who have maintained a Fixed Deposit or Recurring Deposit with us.
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Government Security Holders
Loan also available against government securities like NSC, LIC, or KVP.
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Individual & Joint Holders
Both individual and joint deposit holders can apply for this loan facility.
Key Benefits
Flexible Loan Amount
Loan up to 90% of the face value of the FDR / RD amount.
Attractive Interest Rates
Only 2% interest is charged above the FD/RD rate of the customer.
Quick Disbursal
Minimal documentation and instant loan disbursement to your account.
Zero Charges
No processing fees and zero prepayment penalties apply.
Retain Interest
Keep earning interest on your FD/RD while using the loan amount.
Easy Repayment
Flexible repayment tenures or adjustment at the time of maturity.
Loan Against Deposit Interest Rates
Subject to change as per RBI directives. Contact your nearest branch for current rates.
| Loan Type | Security | Max Amt | Non Priority | Priority | Weaker | Max Period |
|---|---|---|---|---|---|---|
| Loan Against FD (Self) | Secured | 85% of deposit | FD Rate +2.00% | FD Rate +1.50% | FD Rate +1.50% | End date of FD |
| Loan on Govt Securities (NSC/KVP/LIC) | Secured | 10.00 Lakh | 11.00% | 10.75% | 10.50% | End date of security |
* Rates are indicative and subject to change. Contact your nearest branch for current and final rates.
Loan Against Deposit EMI Calculator
Your Amortization Details
| Year/Month | Principal (A) | Interest (B) | Balance |
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Disclaimer: The calculator provides estimated EMI; actual figures will be as per RBI guideline.
Apply for Loan Against Deposit
Unlock the value of your Fixed Deposit without losing your interest. Submit your enquiry below.
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