Loan against F.D.R

The loan is provided to eligible individuals to meet various personal expenses against Fixed deposits. Amount can be used for any Purpose, against security of Bank's own FDR's.

Applicant details :

Terms and Conditions

  • FRD receipts need to be shown while taking laon
  • 2 Photographs of Applicant
  • Account holder need to open saving account with the bank
  • If not Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
  • Applicant has to show all original documents to the bank for verification with xerox copy.

  • FDR's should be in the name of Applicant. In case of third party FDR, NOC from third party required for loan.
  • Repayment is on or before due-date of FDR’s,
  • Upto 80% of Fixed Deposit.
  • Lien on Bank's Term deposits is security
  • Rate of Interest would be as per Bank’s Management Loan policy