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