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Date: 2017-06-08
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HomeLoan Against Fixed Deposit

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.

Purpose

  • 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.

Salient Features

  • 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.

 
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