Who We Are
Loan Against Fixed Deposit Overview
A loan against fixed deposits can help you manage finances without breaking your FD. Now get a Loan against Fixed Deposit from Nitstone Finserv at low interest rates and speedy approval.
Benefits & Features
Why Choose a Loan Against Fixed Deposit with Nitstone Finserv?
A Loan against Fixed Deposit is a practical and low-risk borrowing option for individuals seeking liquidity without breaking their investment. Here’s what makes it a smart choice with Nitstone Finserv:
• Easy eligibility linked to your Fixed Deposit
• Simplified single-page documentation
• Available after 90 days from the FD’s start date, for the remaining tenure
• Fast and efficient loan processing
• Convenient and flexible repayment options
• No foreclosure or part-payment charges
This offering is designed to help you unlock the value of your existing deposit while keeping your savings intact. For more details, reach out to our team or apply online.
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 go to our online form. Fill in detail and submit the form.
Step 2
Get an instant approval. Select your required loan amount and tenure.
Step 3
Our representative will get in touch to collect your documents.
Step 4
Amount will be credited to your account.
Fees & Charges
Fees & Charges
| Types of fees | Charges applicable |
|---|---|
| Rate of interest | 2% above the existing FD rate |
| Prepayment and fore-closure charges | Nil |