Overdraft Facility Against Fixed Deposit

Unlock working capital without breaking your FD. Get up to 90% of your deposit value as an overdraft—instantly, with zero processing fees.

Zero Processing Fees Attractive interest rate

1200 PEOPLE ARE INTERESTED

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BEST FOR

Corporates Looking for

Quick Working Capital
Cash Flow Bridge
No-Disruption Investments
Cost-Efficient Borrowing

About Overdraft Against Fixed Deposit

What is Overdraft Against FD?

A funding facility where businesses can borrow up to 90% of their callable fixed deposit value without liquidating it.

Why Choose This Facility?

It offers liquidity without interrupting your investment. With no processing fees, it’s a hassle-free solution.

How Does It Work?

Your callable FD acts as collateral. The overdraft is linked to your current account, and interest is charged only on the utilized portion.

FAQs

Can I get OD on a non-callable FD?

No. Only callable FDs are eligible for overdraft.

What is the maximum OD I can avail?

Up to 90% of the FD value, subject to eligibility and bank approval.

Are there any charges involved?

No processing fees are charged. Interest is applicable on the used amount.

How long does it take to process?

For existing corporate FD holders, the process is quick and seamless.