FD Loan

Loan against Fixed Deposit

 

To meet urgent needs covering Child’s education, medical emergencies, travel etc then avail loan against Time Deposit without breaking your Time Deposit

Features

  • Avail Loan up to 75% of the value of your Time Deposit
  • Loan and Overdraft limit Facility available
  • Zero processing charges;
  • Security Lien on underlying Time Deposit
  • Type of loan : Demand Loan& Overdraft
  • Processing fee: NIl
  • Interest Rate: 1% above the relative time deposit rate