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Loan Against Fixed Deposit Overview
A Loan Against Fixed Deposit allows you to access funds without withdrawing or breaking your FD. At Nitstone Finserv, you can apply for a loan linked to your existing deposit at a rate aligned to your FD interest rate and as per eligibility.
Benefits & Features
Why Choose a Loan Against Fixed Deposit with Nitstone Finserv?
A Loan Against FD is a practical way to meet financial needs while keeping your deposit active. With Nitstone Finserv, you get:
• Eligibility linked directly to your active Fixed Deposit
• Simple, single-page documentation
• Loan availability after 90 days from the FD start date, for the remaining FD tenure
• Streamlined application review and processing
• Flexible repayment options as per policy
• No foreclosure or part-payment charges
This facility helps you access liquidity while continuing to earn interest on your ongoing FD.
Loan Amount
1) 75% of the FD amount for Cumulative FD 2) 60% of the FD amount for Non-Cumulative FD
Eligibility & Documents
Documents required:
- Single page application form
- Fixed deposit receipt
- ECS mandate (only for Non-Cumulative FD)
- Cancelled cheque (only for Non-Cumulative FD)
Ready to Apply
Apply NowHow to Apply
Step 1
Click on Apply to access our online form. Complete the details and submit the application.
Step 2
A Nitstone representative will review your application and contact you to discuss the next steps.
Step 3
Our representative will get in touch to collect your documents.
Step 4
Loan processing will proceed according to standard verification and approval procedures.
Fees & Charges
Fees & Charges
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