About Loan Against Fixed Deposit
- Financing Amount: Up to 90 percent of the value of the deposit.
- Tenure: Up to one year or up to maturity date of the FD, which may be continued further based on the requirement of the client and validity period of the FD.
- Interest Rate: 2% p.a. above the rate of FD of the Bank
- The loan may be revolving or terminating based on the requirement of the clients.