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

  1. Personal expenses such as purchase of car, renovation of house, children’s education, medical expenses, etc.
  2. Business requirements, working capital, purchase of assets, equity contribution, etc.

Loan of interest

2

Salient Features

  • Financing up to 90 % of fixed deposit value.
  • Coupon Rate +up to 3.00% on.
  • Required Documents

  • FD certificate
  • Loan application
  • Citizenship of borrower
  • Family details
  • Other documents based on requirement