Loan against Fixed Deposit - Yono

Avail loan against your fixed deposit without premature closure of deposit

Loan in the form Overdraft Facility

Zero processing charges

No prepayment penalties.

Min amount of Loan: Rs 5000

Max amount of Loan: Rs 5 Crore

Security: Lien on underlying Time Deposit

Interest Rate: 1% above the relative time deposit rate. Further, we charge interest on a daily reducing balance!!