LOANS-AGAINST-FIXED-DEPOSITS-NRI

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Loans against Fixed Deposits

Need loans against your fixed deposits? Federal Bank has an easy option for you

  • Features & Benefits
  • How to apply ?
  • Interest Rates

Key Features

  • Federal Bank provides customers with loan against your deposits with us to meet your personal, urgent and unforeseen expenses.
  • 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