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Loan against Fixed Deposits

Loans against Fixed Deposits

Need loans against your fixed deposits? Federal Bank has an easy option for you. Federal Bank provides you with loan against your deposits with the bank to meet your urgent and unforeseen personal expenses.

  • Features & Benefits
  • How to apply ?
  • Interest Rates
  • You can avail loan up to 90% of the deposit amount
  • Loans are provided against Fixed Deposits, Cash Certificate and Recurring deposits.
  • Loans are granted only against those deposits, which are free from lien, restraint or encumbrance and not standing in the names of minors.
  • You can obtain loans against deposits maintained with another branch too. While availing the loan, the deposit receipts/ certificates shall be submitted to the branch disbursing the loan.

How to avail the loan?

  • To avail the loan, please visit any of our branches.
  • There is no penal interest or processing fee
  • For details, please refer Rates and Charges page