Member Loans
Loan Against Deposit
Loan Against Deposit allows an eligible member to borrow against their own Anjani Nidhi deposit, up to the percentage permitted by company policy, with a lien marked on the deposit until repayment.
Key loan information
- Eligibility
- Members holding an eligible Anjani Nidhi deposit
- Maximum amount
- Up to [VERIFY]% of the deposit value
- Tenure
- Up to the deposit maturity date [VERIFY]
- Interest-rate range
- [VERIFY]% to [VERIFY]% p.a.
- Security required
- Lien on the member's own deposit
- Approval timeline
- Subject to verification and approval
Eligibility
- Active membership of Anjani Nidhi
- An eligible deposit held with Anjani Nidhi in the member's name
- Completed and current KYC
- Deposit free of existing lien or restriction
Documents required
- Membership identification
- Deposit receipt or certificate
- PAN
- Identity and address proof
- Photographs
- Loan application form
Documents are collected only through authorized, secure channels. Never send identity documents or bank details through public website forms or unverified contacts.
Application process
- 1
Submit an enquiry.
- 2
Visit the authorized branch with the deposit receipt.
- 3
Complete the loan application and lien documentation.
- 4
Eligibility is verified against company policy.
- 5
Approved terms are provided.
- 6
Agreement and disbursement are completed.
Every application is subject to verification, valuation and approval. Submitting an application does not guarantee sanction or disbursement.
Rates and charges
| Item | Applicable amount / rate | Effective from |
|---|---|---|
| Interest rate | [VERIFY: Approved range] | [VERIFY] |
| Processing charge | [VERIFY] | [VERIFY] |
| Penal charge | [VERIFY] | [VERIFY] |
All rates and charges are governed by the applicable circular and loan agreement. See the Rates and Charges page for the current circular.
Repayment and default information
- Repayment as per the loan agreement [VERIFY]
- Prepayment permitted as per company policy [VERIFY]
- Any outstanding amount may be adjusted against the deposit at maturity
- The lien is released after full repayment
Frequently asked questions
How much can I borrow against my deposit?
Eligible members can borrow up to the percentage of deposit value permitted by company policy, as stated in the current circular. [VERIFY]
What happens if the loan is not repaid before maturity?
Any outstanding loan amount, including interest and charges, may be adjusted against the deposit proceeds at maturity as per the agreement.