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Overdraft/Loan Against FDRs

Overdraft/Loan Against FDRs

Depositors can avail loans against FDR upto the 90% to 95% of accumulated value of Fixed Deposits at 1% additional interest rate for their own deposits and 2% additional interest rate for third party deposits.


Applicant Details
•    3 Photographs of Applicant.
•    Applicant's  Pan card 
•    Original Instrument
•    Applicant has to show all original documents to the bank for verification with xerox copy. Original documents will be returned to applicant after verification.
•    No Guarantors are required