Karur Vysya Bank's loan against fixed deposit allows you to get a loan easily against your own fixed deposit that is held with the bank at interest rates that are lower than other types of loans, all without having to break your FD.
The features and benefits of the loan against FD are as given below:
To apply for Karur Vysya Bank loan against fixed deposit, all you have to do is visit the branch where you opened the KVB Fixed Deposit account and submit the original fixed deposit receipt.
A Karur Vysya Bank loan against FD has several benefits such as:
You can apply for the KVB loan against FD by visiting the branch where the FD was opened or by submitting an online inquiry on the bank's official website.
Yes, Karur Vysya Bank's loan against fixed deposit is available for Non-Resident Indians also.
The remaining tenure on your FD will be the maximum repayment tenure of your loan against the FD.
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