There is no processing fee in case of Loan against FD.
You can take a loan up to 75% of the invested amount in a cumulative FD, and about 60% of the invested amount in a non-cumulative FD, to tend to your financial needs.
No. There are no foreclosure or part pre-payment charges applicable on your Loan against Fixed Deposit.
The rate of interest on your loan against fixed deposit is 2% more than the prevailing FD interest rates.