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FDOD Online for Corporates
Now, avail an Overdraft (OD) against Fixed Deposit online for Corporates through ICICI Bank Corporate Internet Banking (CIB), in 3 steps.
Features:
- Overdraft up to Rs. 10 crore
- Facility available for Corporates (Companies, Partnership firms, Limited Liability Partnership and Hindu Undivided Family)
- Overdraft against self-Fixed Deposit (Up to 7 FD’s)
- Limit up to 90% of the FD value
- Attractive Interest rates
- Nil processing fee & foreclosure charges.
Process:
One-Time registration, basis the Request Letter and authorisation document, to be submitted at the branch for workflow set up.
Post registration, avail this facility in 3 steps:
- Step 1: Select Tenure, OD amount and FD Account
- Step 2: Accept Terms and Conditions, after review
- Step 3: Verify with grid values and OTP.
TnC apply
