Overdraft against Fixed Deposit

Now avail overdraft (OD) on you Fixed Deposit to manage your immediate requirement of funds without necessitating to liquidate your Fixed Deposit.

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Cash withdrawal on Utkarsh Bank ATMs

Manage your urgent financial needs (household or business requirements) without liquidating your Fixed deposit.
  • Interest charged on the amount utilized and for the tenure of utilization

  • Easy access to your own liquid funds

  • No need to break the Fixed Deposit. Avail overdraft instead and manage your requirement of funds.

Below entities are eligible to avail OD against FD

  • Individual Resident of India

  • Private and Public Limited Company

  • Avail OD limit up to 90% of the value of your fixed deposit*

  • Interest rate 2% above the term deposit rate*

  • Nil Processing Fee

  • For complete details on Fees and Charges effective from 01st April 2024, please click here

  • *T&C Apply. For more details, please contact nearest Utkarsh Small Finance Bank Branch

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Apply to Overdraft against Fixed Deposit

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month

120

Interest Rate (%)

1%

31%

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Equated Monthly installments (EMI)

2,10,651

Need more Information?
Deposit Amount
Interest Earned

Interest Rate

8.00%

Interest Earned

3,50,452

Maturity Value

13,50,452

Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)

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