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Loan Against Fixed Deposit FAQs

Frequently Asked Questions

What is the processing fee?

The processing fee in case of loan against FD is NIL

What is maximum loan can I borrow?

You can borrow up to 75 % of the FD amount for Cumulative FD or 60% of the FD amount for Non-Cumulative FD

What are the fore-closure & part payment charges?

There is nil charges on fore-closure & part payment.

What is the rate of interest of the loan?

The ROI is 2% above the FD rate on which it was booked

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