Overdraft against Deposit

Mandal Nagrik Sahkari Bank Ltd. offers Overdraft Facility against Fixed Deposit (FD) & Recurring Deposit to provide instant liquidity without breaking your deposit. Customers can avail funds by pledging their Fixed Deposit as security and continue to earn interest on the FD simultaneously.

Key Features:

♦ Quick and hassle-free overdraft facility against FD.

♦ Retention of FD interest benefits while enjoying liquidity.

♦ Competitive interest rates charged only on the utilized amount.

♦ Flexible repayment options with easy access to funds.

♦ Ideal for meeting short-term financial needs without disturbing savings.

This facility ensures that depositors can manage urgent financial requirements while keeping their long-term investments intact.