The Overdraft Facility against Fixed Deposit (FD) is designed to help customers meet short-term financial needs without liquidating their savings. Whether it’s for emergency expenses, business requirement, or other personal requirements this facility provides quick access to funds while FD continues to earn interest.

Eligibility: Available to Individuals, Corporates, and Non-corporates with a Fixed Deposit

Tenure: 12 Months and renewable thereafter

Key Features:

• Avail up to 95% of your FD amount as an Overdraft
• No Processing Fees
• Quick Approval
• Available in MVR and USD
• Pay Interest only for the amount used
• Competitive interest rate slightly above FD interest rate