Overdraft on Fixed deposits

Overdraft on Fixed deposits

Eligibility of borrower
  • Any individual having saving account with our bank complied with the norms of the KYC
  • Must have fixed deposits in her own name
  • Must be regular / nominal member of the bank
Purpose of loan Business development / working capital
Quantum of finance Up to 80% of own fixed deposits with accrued interest
Share linkage 1 Share
Repayment period 15 Months
Security Lien of FDR
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