Over Draft against Fixed Deposit

Keep your fixed deposit investment intact and get liquidity when you need it. Take a loan against your Fixed Deposit from Shri Vinayak Sahakari Bank without needing to liquidate.

    Features :

  • Get access to liquid funds.
  • Get emergency funds.
  • Get competitive rates.
  • Pay interest only on utilisation.
  • Avail of overdraft facility.
  • Forget Prepayment charges.

  • Eligibility Criteria :

    ODFD facility can be given subject to customers producing valid Shri Vinayak Sahakari Bank Fixed Deposit

    Required Document :

  • Copy of Last Three years income tax return, Pan Card.
  • If Applicant is businessman in that case last three years copies of balance sheet, income tax return of the proprietor/partner,statement of capital account.
  • If property is to be purchased under housing scheme,the copies of documents,such as share certificate,allotment-letter,sale deed,revenue records of 7/12.
  • Copy of authorised building plan.
  • Copy of receipt of advance payment - made/copy of agreement to sale.
  • Copy of title clearance certificate given by the advocate/ solicitor.
  • Consent letter from the society about noting of charge of the bank.
  • Three copies of Photograph
  • Copy of PAN Card
  • Address proof - electricity bill /telephone bill (any one).
  • Photo proof - Pan card / Voter card / Driving license (Any one).