Loan Against Fixed Deposit
A safe and convenient loan facility that allows you to unlock funds
without breaking your Fixed Deposit.
Purpose
Any
Eligibility
Individuals
Loan Amount
Upto 90% of (Fixed Deposit Principal + Accrued Interest)
Margin
10%
Repayment
Term Loan – Earliest of 2 Years or FD Maturity Date
Cash Credit – Upto FD Maturity Date
Special Feature
Loan against third party bank deposit
Security
Fixed Deposit Receipt
Guarantee / Surety
Not Applicable
Documents Required
Not Applicable