Loan against FD is cheaper, easier option for short-term needs; when should you go for it?
Fixed deposit or FD: A loan against your fixed deposit (FD) is one of the most cost-effective and easiest possible loans available in the market. If you have a fixed deposit and want a loan, the bank will lend you the money against your deposit. How much loan can you take against your FD? What will be the interest rate, tenure, processing fee, repayment schedule? When should you opt for it? All questions answered
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