EasyGain Overdraft
Earn interest on your deposit while you enjoy overdraft with EasyGain Overdraft.
*T&C Apply
EasyGain Overdraft
Manage your fund requirement with EasyGain Overdraft against your Fixed Deposit without compromising on the returns of the deposit. The deposit continues to remain in your name and earn interest on it, while enjoying the facility of availing finance against it.
Key Benefits
-
Customers with CASA relationship and standalone FDs can avail this facility
-
Up to 90% of funding of the principal value
-
Minimal rate of interest
-
No processing/renewal/foreclosure fee
-
Cheque book facility available
*subject to location and program capping and credit appraisal
Security
-
Cumulative Fixed Deposit
-
Traditional Fixed Deposit
Eligibility
- Facility for individuals and entities holding CASA & FD with the bank or active standalone FD.
- Fixed Deposit should not have any lien marked.
- OD can be provided for self OD against NRE/NRO deposits.
- Can be availed by individual customers above the age of 18 years.
Note:
- The mentioned interest rates, fees, and charges are subject to change and depend on the sole discretion of the bank and RBI.
- Terms and Conditions apply.
Digital Lending:
RBL Bank undertakes digital lending of EasyGain Overdraft via avenues mentioned below:
DLA (Digital Lending App) | Digital Lending Activity |
RBL MoBank Application | Online Overdraft against Fixed Deposit product |
RBL Retail Internet Banking | Online Overdraft against Fixed Deposit product |