Loan

Discussion in 'Off-Topic Discussion' started by Surekha gore, Jan 4, 2021.

  1. Surekha gore

    Surekha gore New Member

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    I have a Fixed Deposit with a reputed bank but i dont want to withdraw it and i need funds on an urgent basis can i get a loan against my FD or any other investments that i have?
     
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  2. Rody Smith

    Rody Smith New Member

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    Yes it is possible to get a loan against your FD. Actually it is a very smart decision to do. Normally the interest rates of the loan are 1 or 2 % higher than the interest rate of the FD. So here the trick is to get the highest rate possible for your FD. One of my friends has tried this its comparatively cheaper than getting a personal loan. You can get an amazing Deal at Shriram City Finance for Fixed Deposits. Get the best Interest rates on your Fixed Deposit
     
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