Loan against Fixed Deposits
With HDFC Bank's Loan against Fixed Deposit, you can get an overdraft against your NRE / NRO / FCNR while still retaining ownership.
|Deposit Type||OD limit|
|NRE||90% of the deposit amount or Rs. 1 Crore per depositor, whichever is lower|
|NRO||90% of the deposit amount|
|FCNR||70% of the deposit amount or Rs. 1 Crore per depositor, whichever is lower|
For interest charged, kindly refer the fixed deposit interest
Overdraft facility can be provided to third party as well up to the maximum permissible amount mentioned above.
To avail the facility, kindly contact your RM / branch or please share your contact details and we will