Loan against Fixed Deposit is a loan facility provided against the pledge of Fixed Deposit Receipt. This product provides you the flexibility of availing loan on your Deposit.
The loan facility is granted against creation of lien on and pledge of periodic deposit receipt issued by us.
• Competitive Interest rates:
• Loan against Fixed Deposit of own cooperative: Plus 2.0% p.a.
• Flexible tenure: Any period within the maturity period of the FD.
• Financing up to 90 % of the fixed deposit.