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Advances Against Fix Deposits


Significant Features:

  • 95% of FDr amount to be given as Loan/OD.
  • Loan AGAINST FDr
  • Overdraft in CASH CREDIT / CURRENT A/C
  • FDr presented, as a security will be lien marked in favors of bank.
  • Third party FDr is also accepted as a security.

Interest Rate is Rate Of Interest In FDr + 0.50%.

For Third Party FDr Rate Of Interest is Depends Up On Amount Of Advances Maximum Advances is sanctioned up to 80% Of FDr Amount + Interest Payable On It Up To Last Closing.

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