BODI Nidhi Limited provides an ideal way to maintain your liquidity while optimizing the returns of your invested funds.
Loan against Deposits is a facility offered by BODI to its members against their deposits held with BODI. For your liquidity requirements, avail 70% of the value of deposits held, without breaking the deposit.
You can avail a loan against the security of FDR / RD deposits without prematurity and fulfill your urgent cash/financial needs:
- At the branch where you maintain the deposit.
- As an overdraft or as a demand loan.
- For a maximum of 70% of the face value of deposit.
- At an interest rate linked to Deposit Rate against FD/RD/KVP/NSC and insurance deposits.
- Interest for loan appropriated against interest payable to Deposits.