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Loan Against Property

Loan/ Limit Against Bank Deposit

Shivalik Small Finance Bank offers Loan/Limit Against Bank Deposits to provide quick and convenient funds against your Fixed Deposit (FD) without breaking the deposit and losing interest benefits. Customers can meet short-term personal or business financial requirements through overdraft secured by the available deposit balance (principal and accrued interest), with minimal documentation and faster processing.

Please visit the nearest branch or connect with the contact centre (Toll Free: 1800-202-5333 or Email: customercare@shivalik.bank.in) for more information.

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Features

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    Loan against FD without breaking the FD

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    Quick disbursement and easy processing

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    ZERO documentation with instant approval

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    Attractive interest rates

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    Pay interest only on the amount utilized

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    High LTV up to 90% of deposit value

How To Apply?

OPTION01

Through mshiFFt App -
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    Step 1: Log in to the mshiFFt app

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    Step 2: Click on OD against FD

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    Step 3: Enter the required OD amount and select eligible FDs to pledge

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    Step 4: Agree to the Terms and Conditions

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    Step 5: Review key OD details such as limit requested, ROI, expiry date, linked FDs, and APR

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    Step 6: Agree to the Key Fact Statement (KFS)

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    Step 7: The OD account is successfully created

OPTION02

Through Nearest Branch -
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    Step 1: Collection of documents, loan application, and verification

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    Step 2: Fixation of terms of sanction

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    Step 3: Sanction and issue of sanction letter

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    Step 4: Documentation

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    Step 5: Opening of account and disbursement

Apply Now

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