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Loan/Overdraft against Term Deposit
Loan/Overdraft against Term Deposit
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Maximum loan amount – up to 90% of the Term Deposit
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Flexible repayment tenure - up to 5 years
- Quick loan disbursement
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Interest rate – Depends on Term Deposit rate plus 1.50% to 2.00%
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Processing fee – Zero
- Existing Term Deposit holders of Bandhan Bank
Bandhan Bank’s Loan/Overdraft Against Fixed Deposit application process is completely hassle-free. Here is the list of documents required:
- Duly filled application form
- Fixed/Term Deposit receipts duly discharged in favour of the Bank
- Identity proof (in case of any change)
- Address proof (in case of any change)
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