Borrow Against Fixed Deposit

Loan rate is 100 – 200 basis point higher than the fixed deposit.

 In case of an emergency, instead of breaking a fixed deposit (FD), the borrower can get a loan
against it.
 Bank usually lend up to 90 percent of the value of the borrower’s fixed deposit. The limit varies
from one bank to another.
 Loan against fixed deposit is given by banks as an overdraft facility.
 The rate on such loan is 1 and 2 percentage points above the fixed deposit rate. The tenure is upto
five years.
 If the borrower fails to service the loan, the bank can foreclose the borrower fixed deposit to
recover its money.
 This loan is not available on five-year tax saving fixed deposit.

Rate of Interest:

Name of Bank FD Interest rate range (%) Interest rate Minimum Loan Maximum Loan
(%) Amount (INR) Amount (INR)
Highest Lowest
Lakshmi Vikas Bank 7.80 4.50 FD rate +1 No Limit Up to 90%
Deutsche Bank 7.75 3.75 FD rate +2 25,000 Up to 95%
Bandhan Bank 6.75 3.50 FD rate No Limit Up to 90%
+1.50 - 2.00
Axis Bank 6.50 3.50 FD rate +2 25,000 Up to 85%
Federal Bank 6.50 3.50 FD rate +2 No Limit Up to 90%
HDFC Bank 6.40 3.50 FD rate +2 25,000 Up to 90%
Punjab National 6.05 4.50 FD rate +1 Online: 25,000 Up to 95%
Bank
State Bank of India 6.00 4.50 FD rate +1 Online: 25,000 Up to 90%
Citi Bank 5.00 3.00 FD rate + 1 Lakh Up to 90%
Upto 2.50

For further query you can connect with RD Finance Services.

Greetings from "RD Finance Services" 

RD Finance Services Deal in all type of loans

 Loan against property (LAP),

 Project Funding
 Business Loan,
 Overdraft- Cash Credit,
 Loan against Rental Discounting,
  Home Loan,
 Personal Loan,
 Un-secured Loan.

For more information, you can reach to me via @ or call

@https://rdfinanceservices.wordpress.com/9891235790 or connect via email 
@delhireal009@gmail.com.

Now getting a loan is very quick and simple, just fill this 4 step application form fill it and revert
back and RD Finance Team is there to help you out.

https://docs.google.com/forms/d/1P9IRAYnWipVaq6rT0wDkw923Hrlv9U6KYSnHiIGuXbo/
edit#responses

Thank you for continued patronage!

Best regards,

Rajesh Kumar

Mob.no. 9891235790

Email Id: delhireal009@gmail.com