Loan Against Fixed Deposit Bajaj Finserv

  • Loan ID : N082
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A loan against fixed deposits can help you manage finances without breaking your FD. Now get a Loan against Fixed Deposit from Bajaj Finserv at low interest rates and speedy approval.

Loan against Fixed Deposit – Salaried

A loan against fixed deposits can help you manage finances without breaking your FD. Now get a Loan against Fixed Deposit from Bajaj Finserv at low interest rates and speedy approval.

Benefits of Bajaj Finserv Loan against Fixed Deposit

The guaranteed returns and flexibility are major reasons why this loan is the favourite investment option for customers. Read on to know more about the unique benefits of taking a Loan against Fixed Deposit from Bajaj Finserv:

  • Guaranteed approval
  • Single page documentation
  • Facility available up to remaining tenure of the FD, post 90 days from the start date of FD
  • Quick loan disbursal
  • Flexible repayment option
  • Nil foreclosure & part payment charges
  • Loan amount-
    • 75% of the FD amount for Cumulative FD
    • 60% of the FD amount for Non-Cumulative FD

Loan against Fixed Deposit Eligibility

The following Bajaj Finance Limited Fixed Deposit holders are eligible for LAFD:

  • Resident individuals (except Foreign citizens, persons of Indian origin and NRI)
  • Hindu undivided family (HUF)
  • Sole proprietorship
  • Partnership firms
  • Companies including group companies
  • Club, association and society
  • Family trust (except charitable trusts)

Document required:

  • Single page application form
  • Fixed deposit receipt
  • ECS mandate (only for Non-Cumulative FD)
  • Cancelled cheque (only for Non-Cumulative FD)

Fees and Charges

With the lowest interest rates on Loan against Fixed Deposits with Bajaj Finserv, a few minimal charges applicable are:

ROI2% above the existing FD rate
Prepayment and fore-closure chargesNil

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