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Taking loan against FD gives you quick access to funds without breaking your fixed deposit. Through Airtel Finance, you can apply for a loan against fixed deposit from RBI‑regulated lending partners, using your FD as collateral. You continue to earn interest on your deposit while the loan is active. It’s a secured loan with competitive rates, fast disbursal, and minimal documentation. Whether it’s an emergency or a planned expense, an FD loan keeps your savings intact and gives you the liquidity you need.
Discover how our personal loans can be tailored to meet your specific needs. Whether you need a personal loan online for travel, education, emergencies, or any other purpose, find the right loan option that fits your unique situation.
Opting for a personal loan against fixed deposit brings several practical advantages.
Your fixed deposit stays untouched, so you avoid premature withdrawal penalties and the loss of accumulated interest. The loan against FD lets your investment continue to grow while you meet immediate cash needs.
Interest rates on loan against fixed deposit are typically more competitive than unsecured personal loans. Through Airtel Finance, you can access interest for loan against FD starting from 12% p.a., depending on the lending partner and your FD specifics.
The loan application for loan against FD process is fast. Because your FD acts as collateral, verification is minimal, and the loan disbursal can happen within hours of approval.
A lower credit score doesn’t stand in the way as much as it does for unsecured loans. Lending partners focus on the value of your fixed deposit, not just your credit history, when approving a personal loan against FD rate.
You can pick a repayment structure that suits your cash flow-monthly EMIs or a lump sum at maturity. The tenure is usually linked to your FD’s maturity, and repayment options are straightforward.
Many lending partners waive processing personal loan charges on FD‑backed loans. This reduces the upfront cost and makes a loan over FD more affordable.
Eligibility for personal loan against an FD is usually straightforward, with most lenders requiring only a few basic conditions to be met.
| Parameter | Eligibility Condition |
|---|---|
| Deposit Ownership | You must hold a fixed deposit with a partner bank or NBFC through Airtel Finance. |
| Account Holder Type | The FD should be in your name; joint FDs may be accepted with the primary holder applying. |
| Residency Status | You must be an Indian resident or NRI with an active Indian bank account. |
| Lien Status | The FD must be free from any existing lien or encumbrance. |
| Deposit Value & Tenure | Minimum FD amount and tenure criteria apply as per the lending partner’s policy. |
Keep these necessary documents ready for quick digital verification.
| Document Type | Accepted Documents |
|---|---|
| FD Proof | FD receipt or certificate issued by the partner bank/NBFC. |
| Identity Proof | PAN card, Identity proof, or Passport. |
| Address Proof | Address proof, voter ID, or utility bill. |
| Photograph | Recent passport‑size photograph. |
| Bank Proof | Bank account details for loan disbursal. |
Getting a loan against FD through Airtel Finance is simple and entirely digital.
Open the Airtel App, go to Airtel Finance, and select Personal Loan. The platform will show your eligible FD value and the maximum loan against FD you can borrow.
Choose an amount of up to 90% of your FD’s value and a tenure that aligns with your FD’s maturity. You’ll see the EMI and total interest upfront.
Submit digital copies of your FD certificate, ID proof, and a photograph. The process is paperless.
Lending partners review your application in minutes. Since the loan is deposit‑backed, approval is usually quick with minimal checks.
The sanctioned amount is credited to your registered bank account, often within the same day. Your FD continues to earn interest without interruption.
Check the key interest rates, fees, and charges applicable for a loan against fixed deposit.
| Parameter | Details |
|---|---|
| Interest Rate | Starting from 12% p.a. (typically 1–2% above the FD rate) |
| Loan Amount | Up to 90% of the FD value |
| Processing Fee | May be waived by lending partners; if charged, up to 2% of loan amount |
| Prepayment Charges | Usually nil; confirm with the lending partner |
| Late Payment Fee | As per the lending partner’s policy |
| Tenure | Up to the FD’s maturity, maximum 60 months |
Airtel Finance connects you with trusted lending partners for a loan against FD with a fast, digital‑first experience. You get competitive rates, the convenience of applying from anywhere, and transparency at every step. There’s no need to visit a branch, as you can complete the entire loan against FD online application on the Airtel App. Your fixed deposit continues to grow, and the loan against FD is processed swiftly, with funds reaching your account often within hours. With a strong focus on customer support and a user‑friendly platform, Airtel Finance makes borrowing against deposits straightforward and reliable.
Fast approval for medical, travel or urgent payments.
