Loan Against FD: How to apply online, eligibility criteria & documents required

A loan against a fixed deposit is a type of loan where a person pledges their fixed deposit as collateral. In this write-up, I will tell you about how you can apply online for a loan against FD, its eligibility criteria and the documents required. 

FD acts as a security for the loan. You can obtain the loan against the deposit amount as a lump sum, just like with other credit facilities.

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