Overdraft against your Fixed Deposit is available with us and what’s more, now you can avail this facility from the comfort of your home.
Applicable interest will be 1% for Resident Individual including senior citizen customers over and above the fixed deposit rate
No processing charges and additional documentation required
No EMIs and easy repayment in lump sum
Ideal for meeting any urgent needs without liquidating FDs
For FAQs click here.
Resident Individual customers with SINGLE holding savings account
A minimum fixed deposit amount of INR 10,000 and maximum of less than INR 2 crore (aggregate amount at Cust ID) for a minimum tenure of 30 days
Fixed deposit should not have any lien marked
Fixed deposit residual tenure should be at least seven days
Step 1: Click on 'Exclusive Offers' and login
Step 2: Select eligible FD
Step 3: Choose required amount & Submit
Overdraft will be sanctioned in 1 working days
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