Demand Loan
Immediate liquidity — against assets you already hold
Get access to funds quickly by pledging an eligible security — a Fixed Deposit, gold, insurance policy, or approved asset — as collateral.
Fast liquidity — without disrupting your financial plan
Quick Processing
Fast approval with minimal paperwork ensures you get funds when you need them. Hassle‑free access to liquidity.
Your Asset Keeps Working
Pledging your Fixed Deposit or Recurring Deposit as security does not stop it earning interest. Your deposit continues to accrue interest at the original rate for the full tenure.
Easy Documentation
Simple, streamlined process with clear compliance requirements. Saves time and builds trust.
Attractive Funding at Low Cost
Borrow funds at just 1% p.a. above your deposit’s rate*, making credit affordable and linked directly to your savings. Transparent pricing and cost‑effective borrowing.
Flexible Repayment
Repay your Demand Loan at any time before the due date — in full or in partial amounts.
Security Released on Full Repayment
Your pledged security is returned to you in full — along with any accrued interest in the case of deposits
Transparent Terms
No hidden charges — all conditions are clearly explained at the time of sanction. Confidence and clarity in borrowing.
Interest Servicing Option
For longer-tenure Demand Loans, you may opt to service the interest periodically — monthly or quarterly — rather than allowing it to accumulate until repayment.
Who are Eligible
- Salaried Employees – working in private/public sector companies
- Self‑Employed Individuals– Proprietors/ shop owners and entrepreneurs
- Self‑Employed Professionals – doctors, lawyers, chartered accountants, consultants
- Business Owners – with stable income records
Required Documents
Aadhaar Card
Valid Aadhaar card for identity and address verification
PAN Card
Mandatory for all personal loan applicants
Address Proof
Utility bill, passport, driving licence, or bank statement — not older than 3 months
Photograph
2 recent passport-size photographs
Deposit Proof
Fixed Deposit receipt or certificate against which the Demand Loan is being availed
Loan Application Form
Completed and signed — available at your nearest branch
How To Register
- 1Confirm which eligible security you intend to pledge and use the rate table above to estimate the maximum loan amount available against it.
- 2Collect the standard KYC documents and the security-specific documents listed in Section 7.
- 3Visit your home branch with your completed application form, KYC documents, and the physical security to be pledged. For gold, bring the items for valuation. For FD receipts and insurance policies, bring the original documents.
- 4Once the pledge is formalised and the loan is sanctioned, the loan amount is credited directly to your linked Hindusthan Savings or Current Account.
Demand Loan Calculator
Monthly EMI
₹86.53
for 12 months
Total Interest
₹38.32
Total Repayment
₹1,038.32
Disclaimer: The calculator provides estimated EMI; actual figures will be as per RBI guideline. Final calculations will be available at the branch. Floating / Fixed ROI will be available based on customers requirement
