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What Is Loan Against Fixed Deposit?

What Is Loan Against Fixed Deposit?

Wednesday, December 21, 2016, 7:43 PM

If you avail a loan against your fixed deposit your loan is a secured loan. You can avail a loan against your fixed deposit to the extent of 80-90% of its value. The amount of loan you can avail against your fixed deposit, depends on the bank you avail the loan from, as well as the quantity (size) of the fixed deposit.
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