About Overdraft Secured Against Fixed Deposit

What is Overdraft Secured Against Fixed Deposit?
An Overdraft Secured Against Fixed Deposit is like having a loan-on-demand account backed by your Fixed Deposit, giving you flexibility to borrow only when needed and pay interest only on what you use, without breaking the deposit.

Features

 

Stack Coins

Margin of financing of up to 100%

Interest charged only on utilised amount

 

Money

Revolving Credit Facility

 

Chart upside

Fixed Deposit continues to earn interest

 

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