Loan against FD (Fixed Deposit) is a type of secured loan where customers can pledge their fixed deposit as security and get a loan in return. The amount of the loan depends on the FD deposit amount. This can go up to 90%  of the deposit amount.

• Loan against fixed deposits is extended to all the fixed deposit holders, be it individual holders or those with joint accounts
• FD in the name of a minor does not qualify for this facility