Loan paid against deposit such as Fixed Deposit, Debentures etc is known as deposit loan. There may be provision to settle such loan on installment basis or one time settlement by paying back the whole amount. Normally higher interest than deposit interest will be charged on such loans.
FD Loan
- Provision FD Loan, Automatic calculation of interest
- Installment wise collection of FDL
- FD loan register, FD loan schedule, FD loan calendar
Debenture Loan
- Provision Debenture Loan, Automatic calculation of interest
- Installment wise collection of Debenture
- Debenture loan register, Debenture loan schedule, Debenture loan calendar