Loan Against Fixed Deposit
When you place a fixed deposit with us, you need not worry about lack of liquidity. You can conveniently meet your financial needs by availing of a loan against your deposit value without having to break your fixed deposit.
- Personal expenses such as purchase of car, renovation of house, children’s education, medical expenses, etc.
- Business requirements, working capital, purchase of assets, equity contribution, etc.
- Minimum loan of 90% of the total fixed deposit amount.
- Financing up to 90 % of fixed deposit value.
- Interest rate is plus 3% of the fixed deposit interest rate.