With the overdraft against fixed deposit facility, your fixed deposits continue to remain in your name and earn interest for you, while you avail finance against them.
Apart from your own fixed deposits, you can avail finance against fixed deposits held in the name of any of your family members, relatives or friends.
Benefits:
- Most convenient and immediate line of credit against your fixed deposits.
- Interest charged only on utilized amount.
- Lower Interest rates.
You may contact our nearest branch for more details.