Loan Against Fixed Deposit Overview
LoanPao’s Loan Against Fixed Deposit (LAFD) in India 2025 allows individuals and businesses to borrow up to 90% of their fixed deposit (FD) value at low interest rates of 7%–10% p.a., typically 1%–2% above the FD rate. This secured loan requires no credit score check, offers instant approvals, and lets you keep your FD intact while accessing funds for personal or business needs. With LoanPao’s network of 500+ RBI-compliant lenders, get funds within 24 hours via a fully digital process. For other financing options, explore our Personal Loan or Residential LAP pages.
Apply below or use our EMI Calculator to plan repayments. Contact us at +91-971-769-5334 for support.
Benefits of Loan Against Fixed Deposit
High Loan Amount
Up to 90% of your FD value.
Low Interest Rates
Rates from 7% p.a., 1%–2% above FD rate.
Instant Approval
Funds disbursed within 24 hours.
No Credit Check
No impact on your CIBIL score.
Digital Process
Online application with e-KYC.
FD Continues Earning
Your FD earns interest during the loan tenure.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Applicant Type | Individuals, HUFs, or businesses |
| FD Requirement | Active FD with a bank or NBFC |
| Loan Amount | Up to 90% of FD value (₹25,000–no upper limit) |
| Age | 18+ years |
| CIBIL Score | Not required |
| FD Tenure | Loan tenure cannot exceed FD maturity |
Check your eligibility with our team at info@loanpao.in.
Documents Required
- KYC: Aadhaar, PAN, voter ID
- FD Proof: FD receipt or certificate
- Bank Account Details: Linked to the FD
- Application Form: Signed lien marking request
How to Apply for Loan Against Fixed Deposit
Apply with LoanPao in 3 simple steps:
- Fill the form below with personal and FD details.
- Upload KYC and FD documents via e-KYC.
- Get instant approval and funds within 24 hours.
Start your application or call +91-971-769-5334 for assistance.
Compare Loan Against Fixed Deposit Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 7%–8.5% | Up to 90% of FD | Up to FD maturity | Nil–0.5% |
| HDFC Bank | 7.5%–9% | Up to 85% of FD | Up to 5 years | 0.25–0.5% |
| ICICI Bank | 8%–10% | Up to 90% of FD | Up to 3 years | 0.5–1% |
Note: Rates and terms are indicative and subject to change. Contact LoanPao for updated offers (July 2025).
Uses of Loan Against Fixed Deposit
LAFD funds can be used for various purposes, including:
- Emergency Expenses: Medical or personal emergencies.
- Business Needs: Working capital or small-scale expansion.
- Education: Fund higher studies or courses.
- Debt Consolidation: Clear high-interest debts.
- Personal Goals: Weddings, travel, or home renovation.
Why Choose LoanPao for Loan Against Fixed Deposit?
Wide Lender Network
Compare offers from 500+ RBI-compliant lenders.
EMI Calculator
Use our EMI calculator to plan repayments.
24/7 Support
Contact us at +91-971-769-5334 or info@loanpao.in.
Tips for a Successful LAFD Application
- Ensure your FD is active and lien-eligible.
- Verify FD details with the bank before applying.
- Choose a tenure within the FD maturity period.
- Compare lender offers for the lowest markup over FD rate.
- Use our EMI Calculator to align repayments with your budget.