Loan in opposition to Fixed Deposits is a facility supplied by Citibank to home clients in opposition to their Rupee Deposits held with Citibank. For your liquidity necessities avail 90% of the worth of the time deposits held, with out breaking the deposit. This facility may also be availed in opposition to deposits held by the members of your family. An preferrred approach to keep liquidity whereas optimising the returns of your invested funds.
Loan Against Fixed Deposits
Top causes to get Loan Against Fixed Deposits
It is quick and handy
Small mark up charged over the curiosity your deposit earns
Interest charged on utilization solely
- Easy, handy and trouble free documentation.
- An financial supply of finance, with out disturbing your future planning.
- Competitive rate of interest, charged solely on utilization.
- Available in opposition to deposits held by members of the identical family.
- Enjoy a Citibank International ATM, Cheque ebook and a 24×7 entry to your account.
- Limit of as much as 90% of deposit worth, topic to a minimal of Rs.1 Lakh.
- Resident Individuals > 21 years.
- Sole Proprietorship and Partnership corporations.
- Private Limited Companies.
- Closely held Public Limited Companies.
- Stock Brokers.
- Fill out the enclosed utility varieties.
- Contact your relationship supervisor.
- Complete and share the requisite documentation to avail of the ability.