{"id":18531,"date":"2022-11-17T12:41:29","date_gmt":"2022-11-17T07:11:29","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=18531"},"modified":"2022-11-17T12:42:29","modified_gmt":"2022-11-17T07:12:29","slug":"axis-bank-loan-against-fixed-deposit","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/","title":{"rendered":"Axis Bank Loan Against Fixed Deposit &#038; FD Rates"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69e72d19242e6\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69e72d19242e6\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#What_is_a_Loan_Against_FD_Axis_Bank\" title=\"What is a Loan Against FD Axis Bank?\">What is a Loan Against FD Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Eligibility_Criteria_For_Applying_For_Axis_Bank_Loan_Against_Fixed_Deposit\" title=\"Eligibility Criteria For Applying For Axis Bank Loan Against Fixed Deposit:\">Eligibility Criteria For Applying For Axis Bank Loan Against Fixed Deposit:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Key_Features_Of_Loan_against_Axis_Bank_Fixed_Deposit\" title=\"Key Features Of Loan against Axis Bank Fixed Deposit\">Key Features Of Loan against Axis Bank Fixed Deposit<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Difference_Between_A_Personal_Loan_And_An_Overdraft_Against_FD\" title=\"Difference Between A Personal Loan And An Overdraft Against FD\">Difference Between A Personal Loan And An Overdraft Against FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Benefits_Of_Loan_Against_Axis_Bank_FD\" title=\"Benefits Of Loan Against Axis Bank FD\">Benefits Of Loan Against Axis Bank FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Axis_Bank_FD_Interest_Rates_2022\" title=\"Axis Bank FD Interest Rates 2022\">Axis Bank FD Interest Rates 2022<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#How_To_Apply_For_A_Loan_Against_FD\" title=\"How To Apply For A Loan Against FD\">How To Apply For A Loan Against FD<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Loan_Against_Axis_Bank_Fixed_Deposit_Interest_Rates\" title=\"Loan Against Axis Bank Fixed Deposit Interest Rates\">Loan Against Axis Bank Fixed Deposit Interest Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Terms_And_Conditions_For_Loan_Against_FD_Axis_Bank\" title=\"Terms And Conditions For Loan Against FD Axis Bank\">Terms And Conditions For Loan Against FD Axis Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Loan_Against_FD_-_FAQs\" title=\"Loan Against FD &#8211; FAQs\">Loan Against FD &#8211; FAQs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Can_I_Take_A_Loan_Against_My_Fixed_Deposit\" title=\"Can I Take A Loan Against My Fixed Deposit?\">Can I Take A Loan Against My Fixed Deposit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Can_I_Transfer_The_Loan_Amount_Materially\" title=\"Can I Transfer The Loan Amount Materially?\">Can I Transfer The Loan Amount Materially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#What_Is_The_Largest_Loan_Amount_That_May_Be_Obtained_Under_The_Loan_Against_The_Fixed_Deposit_Scheme_At_Axis_Bank\" title=\"What Is The Largest Loan Amount That May Be Obtained Under The Loan Against The Fixed Deposit Scheme At Axis Bank?\">What Is The Largest Loan Amount That May Be Obtained Under The Loan Against The Fixed Deposit Scheme At Axis Bank?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Will_Axis_Bank_Permit_A_Premature_Withdrawal_In_The_Event_Of_A_Medical_Or_Financial_Emergency\" title=\"Will Axis Bank Permit A Premature Withdrawal In The Event Of A Medical Or Financial Emergency?\">Will Axis Bank Permit A Premature Withdrawal In The Event Of A Medical Or Financial Emergency?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Will_The_Bank_Impose_Any_Penalties_Or_Fees_If_I_Wish_To_Terminate_My_Fixed_Deposit_Before_The_Term_Is_Up\" title=\"Will The Bank Impose Any Penalties Or Fees If I Wish To Terminate My Fixed Deposit Before The Term Is Up?\">Will The Bank Impose Any Penalties Or Fees If I Wish To Terminate My Fixed Deposit Before The Term Is Up?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Which_Is_Preferable_A_Personal_Loan_Or_An_Overdraft_Against_FD\" title=\"Which Is Preferable, A Personal Loan Or An Overdraft Against FD?\">Which Is Preferable, A Personal Loan Or An Overdraft Against FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#How_Can_I_Apply_Offline_For_An_Axis_Bank_Loan_Against_FD\" title=\"How Can I Apply Offline For An Axis Bank Loan Against FD?\">How Can I Apply Offline For An Axis Bank Loan Against FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Which_Papers_Will_The_Bank_Require\" title=\"Which Papers Will The Bank Require?\">Which Papers Will The Bank Require?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#What_happens_if_I_cant_pay_the_EMIs_on_the_loan_against_FD\" title=\"What happens if I can\u2019t pay the EMIs on the loan against FD?\">What happens if I can\u2019t pay the EMIs on the loan against FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">In times of difficulty,<a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\"> Axis Bank Fixed Deposit<\/a> customers have an option to not abandon their fixed deposit investment: they can take a loan against it. All holders of bank fixed deposits have access to this option, which allows them to continue receiving interest on their FDs and satisfy their cash demands without having to liquidate them.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\"><img loading=\"lazy\" class=\"aligncenter wp-image-18499 size-large\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1-1024x427.jpg\" alt=\"fixed-deposit-investment\" width=\"640\" height=\"267\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1-1024x427.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1-300x125.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1-768x320.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1-150x63.jpg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/11\/600-250new2-01-1.jpg 1250w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"What_is_a_Loan_Against_FD_Axis_Bank\"><\/span>What is a Loan Against FD Axis Bank?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The opportunity to borrow against a fixed deposit account is available to investors. Depositors can use this option to borrow up to a certain proportion of their deposits (85 per cent in Axis Bank).<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The depositor&#8217;s initial investment, or the main amount, is represented by this sum. The accompanying FD certificate is kept with the Bank for the duration that the loan balance is outstanding. In the case of default on the loan, the Bank retains the right to demand repayment from the FD.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">However, until the FD account matures, interest will continue to be earned on it as long as the return is made on time.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_For_Applying_For_Axis_Bank_Loan_Against_Fixed_Deposit\"><\/span>Eligibility Criteria For Applying For Axis Bank Loan Against Fixed Deposit:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The customer must meet the following requirements in order to be eligible to apply for a loan against an Axis Bank fixed deposit:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Must be an Indian citizen<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customers having active Axis Bank FDs can utilize the bank&#8217;s ODFD feature.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2 style=\"color: black; font-size: 20px;\"><span class=\"ez-toc-section\" id=\"Key_Features_Of_Loan_against_Axis_Bank_Fixed_Deposit\"><\/span>Key Features Of Loan against Axis Bank Fixed Deposit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The following are the primary features of an Axis Bank loan against a fixed deposit:<\/span><\/p>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%;\" border=\"1.5\">\n<tbody>\n<tr>\n<td><b>Type of Loan<\/b><\/td>\n<td><strong>Overdraft<\/strong><\/td>\n<\/tr>\n<tr>\n<td><b>Loan\/overdraft amount<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Minimum &#8211; Rs. 25,000<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maximum &#8211; No ceiling<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Interest Rate<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2% for loan up to 1 crore<\/span><\/p>\n<p><span style=\"font-weight: 400;\">3% for loan above 1 crore<\/span><\/p>\n<p><span style=\"font-weight: 400;\">4% for third party customers irrespective of amount<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Deposit Period<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Minimum: 3 months<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Premature withdrawal<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Allowed<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Facility for Nomination<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Available<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Difference_Between_A_Personal_Loan_And_An_Overdraft_Against_FD\"><\/span>Difference Between A Personal Loan And An Overdraft Against FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">OD against Fixed Deposit is a great way for those without credit histories to receive money. Without a credit history or credit score, borrowers can have trouble getting a personal loan.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The application and paperwork process is significantly simpler than for a personal loan.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The EMI system does not exist in ODs. As long as the FD is active, borrowers may make payments anytime they choose.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As stated before, interest is solely assessed based on how much OD was consumed and for how long.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">OD facilities do not have prepayment fees, in contrast to personal loans.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Benefits_Of_Loan_Against_Axis_Bank_FD\"><\/span>Benefits Of Loan Against Axis Bank FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Get a loan amount up to 85% of the fixed deposit&#8217;s value. Rs. 25,000 is the minimum loan amount.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Instead of withdrawing your FD in an emergency, you can take out a loan on it. Your FD withdrawal will result in a penalty fee.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The amount used and the length of time it was used will determine whether the interest is charged.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0The overdraft facility is offered for at least three months.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no processing cost for loans.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no cost for early repayment of the loan.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When you don&#8217;t have a credit history, this is a highly beneficial form of credit.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The approval and payout procedure is quick, simple, hassle-free, and flawless when compared to other loans.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Axis_Bank_FD_Interest_Rates_2022\"><\/span>Axis Bank FD Interest Rates 2022<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%;\" border=\"1.5\">\n<tbody>\n<tr>\n<td><strong>Tenure<\/strong><\/td>\n<td><strong>Regular Citizens<\/strong><\/td>\n<td><strong>Senior Citizens<\/strong><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">7 days to 14 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">15 days to 29 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">30 days to 45 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">46 days to 60 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.00%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">61 days to less than 3 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3 months to less than 4 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">4 months to less than 5 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">5 months to less than 6 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">6 months to less than 7 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">7 months to less than 8 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">8 months to less than 9 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">9 months to less than 10 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">10 months to less than 11 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">11 months to less than 11 months 25 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">11 months 25 days to less than 1 year<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.75%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year to less than 1 year 5 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 5 days to less than 1 year 11 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 11 days to less than 1 year 25 days<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">1 year 25 days to less than 13 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">13 months to less than 14 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">14 months to less than 15 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.25%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.00%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">15 months to less than 16 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.40%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.15%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">16 months to less than 17 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.40%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.15%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">17 months to less than 18 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.40%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.15%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">18 months to less than 2 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">2 years to less than 30 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">30 months to less than 3 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">3 years to less than 5 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.25%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">5 years to 10 years<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.50%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.25%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"How_To_Apply_For_A_Loan_Against_FD\"><\/span>How To Apply For A Loan Against FD<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li><span style=\"color: #000000;\"><b>Online<\/b><\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Below is a description of the process for applying for a <a href=\"https:\/\/kuvera.in\/blog\/loan-against-fixed-deposit\/\">loan against fixed deposit<\/a> amount that is currently in the Axis Bank FD account:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Visit \/retail\/loans\/loan-against-fixed-deposit\/ on the axis bank website.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Then click &#8220;Apply Now.&#8221;<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can log in using your mobile number, birth date, and PAN on the next page.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To log in, you can also use your debit card information or online banking credentials.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once the necessary information has been input, in the event that you used the mobile number, date of birth, and PAN, click on &#8220;Send OTP.&#8221;<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Activate the OTP.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To apply for a loan, follow the instructions on the following page.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><span style=\"color: #000000;\"><b>Offline<\/b><\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customers must fill out an application form at the local Axis bank location in order to use the service. The bank will then carry through its processes, and the branch executive will be able to provide you with specific information if you have any queries.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Following a thorough review and in conformity with the bank&#8217;s current guidelines and credit policy, the loan will be approved. Margin and security do not replace due diligence, and neither will their existence.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The branch needs to raise SR. The OD account in I-leverage should be created by the central team. The central staff creates an account for the user after validating all the details.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Upon full loan repayment, the bank will release any securities it has in its possession. You, the borrower, will also be made aware of any unpaid claims and the legal documents allowing the bank to retain the security until the relevant claim is paid or settled if the bank chooses to maintain it.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 18px;\"><span class=\"ez-toc-section\" id=\"Loan_Against_Axis_Bank_Fixed_Deposit_Interest_Rates\"><\/span>Loan Against Axis Bank Fixed Deposit Interest Rates<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The interest rates on the bank&#8217;s loan against fixed deposits are competitive. The interest rates applied to various loan amounts are listed below:<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A 2% interest premium over the rate on term deposits is applied to loans up to Rs. 1 crore. For loans worth more than Rs. 1 crore, an interest rate of 3% is added to the term deposit rate.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Regardless of the loan amount, 4% interest is charged to third-party consumers.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Aside from the interest rate, there are no additional fees associated with the overdraft account. The interest rates that the bank charges on loans secured by fixed deposits are subject to alter at any time.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3 style=\"color: black; font-size: 18px;\"><span class=\"ez-toc-section\" id=\"Terms_And_Conditions_For_Loan_Against_FD_Axis_Bank\"><\/span>Terms And Conditions For Loan Against FD Axis Bank<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The interest that was deducted from the account is a demand in and of itself. Within seven days following the interest deduction, it must be paid back. The bank has the power to debit your SB account if you don&#8217;t pay back the interest. As an alternative, the bank may liquidate the FD tethered to the account to cover the unpaid balance.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">However, the loan or drawl account would be classified as a Non-Performing Asset (&#8220;NPA&#8221;) if the borrower fails to make payment of the aforementioned defaulted amounts, as well as the punitive interest and additional fees imposed by the bank, within 90 days of the due date.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Borrower shall [immediately] pay all of the foregoing sums in default, including with punitive interest and other costs, if any, in order to restore the aforesaid loan or drawl account to good standing.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Only the reason for which a loan was granted may be used by borrowers. Without the Bank&#8217;s consent, they are not permitted to make any significant transfers from such money to the members of their organisation.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Apart from Loan Against Fixed Deposit, you can offer <a href=\"https:\/\/kuvera.in\/blog\/credit-card-against-fixed-deposit-fd\/\">credit card against FD<\/a>.Many bank offer this option.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><b>Conclusion:<\/b><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Managing unforeseen demands is a crucial aspect of personal finance, just as making plans for your stated financial goals. It is crucial to managing financial needs since unforeseen circumstances and crises seldom strike.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">It will be far wiser to take out an overdraft on a bank FD or another asset during a financial emergency rather than sell or liquidate investments that were created over time with hard-earned money to achieve certain financial goals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">As a result, cautious borrowing within your means and prompt repayment will improve your creditworthiness and long-term financial well-being.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Loan_Against_FD_-_FAQs\"><\/span>Loan Against FD &#8211; FAQs<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Can_I_Take_A_Loan_Against_My_Fixed_Deposit\"><\/span>Can I Take A Loan Against My Fixed Deposit?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Yes, Axis Bank also accepts loan requests from consumers of other companies. No matter how much is borrowed, there will always be an interest rate of about 4%.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Can_I_Transfer_The_Loan_Amount_Materially\"><\/span>Can I Transfer The Loan Amount Materially?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Only the intended use of borrowed cash can be utilized by borrowers. Furthermore, they are prohibited from making any sizable transfers from such money to their group companies without the Bank&#8217;s consent.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"What_Is_The_Largest_Loan_Amount_That_May_Be_Obtained_Under_The_Loan_Against_The_Fixed_Deposit_Scheme_At_Axis_Bank\"><\/span>What Is The Largest Loan Amount That May Be Obtained Under The Loan Against The Fixed Deposit Scheme At Axis Bank?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The maximum amount that may be borrowed is unrestricted. However, if the loan amount is less than Rs. 25,000, the bank would not allow it.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Will_Axis_Bank_Permit_A_Premature_Withdrawal_In_The_Event_Of_A_Medical_Or_Financial_Emergency\"><\/span>Will Axis Bank Permit A Premature Withdrawal In The Event Of A Medical Or Financial Emergency?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Yes. If the customer does not have any overdrafts on the account, the banks permit early withdrawal of fixed deposits.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Will_The_Bank_Impose_Any_Penalties_Or_Fees_If_I_Wish_To_Terminate_My_Fixed_Deposit_Before_The_Term_Is_Up\"><\/span>Will The Bank Impose Any Penalties Or Fees If I Wish To Terminate My Fixed Deposit Before The Term Is Up?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">No. When an account is closed early, the bank does not impose any fees.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Which_Is_Preferable_A_Personal_Loan_Or_An_Overdraft_Against_FD\"><\/span>Which Is Preferable, A Personal Loan Or An Overdraft Against FD?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In comparison to a personal loan, an overdraft facility against a fixed deposit is a superior choice for financing a financial emergency. A personal loan carries a higher interest rate and calls for an EMI system and a credit score. An overdraft or loan secured by an FD suggests a cheaper interest rate, a simple loan application, and no additional loan fees.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"How_Can_I_Apply_Offline_For_An_Axis_Bank_Loan_Against_FD\"><\/span>How Can I Apply Offline For An Axis Bank Loan Against FD?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To use the service, customers simply fill out an application at their nearby Axis bank store. The Bank will then proceed with its procedures, and the branch executive will be able to provide you with more details if you need them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">have any inquiries.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"Which_Papers_Will_The_Bank_Require\"><\/span>Which Papers Will The Bank Require?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The following documents are needed to apply for an Axis Bank loan against a fixed deposit:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A properly completed application<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Properly executed agreement<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Discharged term deposit receipts in favour of Axis Bank<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4 style=\"color: black; font-size: 17px;\"><span class=\"ez-toc-section\" id=\"What_happens_if_I_cant_pay_the_EMIs_on_the_loan_against_FD\"><\/span>What happens if I can\u2019t pay the EMIs on the loan against FD?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you don\u2019t pay your EMIs, the bank will use the balance in your FD for the same.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"color: black; font-size: 18px;\"><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Check out all our &#8220;Investor Education Originals&#8221; videos on Youtube and get smart about investing.<\/p>\n<p>&nbsp;<\/p>\n<style>.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }<\/style>\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/kLVKMlFMgAQ\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/kuvera.in\/\"><strong>kuvera.in<\/strong><\/a> to discover <a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a> and <strong><a href=\"https:\/\/kuvera.in\/fixed-deposit\/all\">Fixed Deposits<\/a><\/strong> and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>#MutualFundSahiHai #KuveraSabseSahiHai #PersonalFinance #InvestorEducation;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In times of difficulty, Axis Bank Fixed Deposit customers have an option to not abandon their fixed deposit investment: they can take a loan against it. All holders of bank fixed deposits have access to this option, which allows them to continue receiving interest on their FDs and satisfy their cash demands without having to [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/axis-bank-loan-against-fixed-deposit\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":18539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[543,99],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Axis Bank Loan Against Fixed Deposit &#038; FD Rates - Kuvera<\/title>\n<meta name=\"description\" content=\"Loan Against FD ( fixed deposit) is a type of secure loan, where customers can avail the loan against fixed deposit. 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