Day Deposit Loan


The Kannur Dist. Ex-servicemen Multipurpose Co-op: Society Ltd. provides its customers with a wide range of facilities to meet their needs. Every facility has been meticulously planned and provided to ensure that they make the most of them. Not to mention the efficiency with which these facilities are provided and implemented. Take a look at the services we provide:


Day Deposit Loan

Do you want funds to be available to you whenever you want or need them, whether it’s a last-minute holiday with your family or an emergency medical treatment? Then you can get a loan against your time deposit without having to break it. If you have an urgent financial need, you can borrow against your Daily Deposit Scheme.

Benefits

  • The loan application process is straightforward.
  • Simple repayment and installment plan.
  • Very quick procedure.
  • Repayment Period: 10 months for Term Loans OR the date of maturity, whichever comes first.
  • Loan Amount: 90% of the Day Deposit Scheme (DDS)

Documents required for loan

  • Duly filled form with:
    • Daily Deposit Pass Book.