Eligibility criteria for loan against fixed deposit
The following Bajaj Finance Fixed Deposit holders are eligible to get a loan against fixed deposit:
Resident Indians/ sole-proprietorships/ partnership firms/ companies/ Hindu Undivided Family/ clubs/associations/ societies/ family trusts are eligible to avail of a loan against FD.
Documents required for a loan against fixed deposit
To apply for a loan against fixed deposit, you need to submit these documents:
- Application form
- Fixed deposit receipt
- Cancelled cheque (only for non-cumulative FD)
*Please note that the list is indicative. Additional documents might be required during loan processing.
Bajaj Finance Fixed Deposit offers an easy loan against FD facility, so you can use your money when you need it the most. You can get a loan up to 75% and 60% of the FD amount for a cumulative and non-cumulative FD, respectively. Moreover, you can avail of a loan with minimal documentation.