Overdraft Facility from SBI
SBI Overdraft against Time Deposit is a credit line facility on which the borrower is not required to break his/her FD and has to pay the interest rates only on utilized amounts. Besides, lending products like credit cards, personal loans, home loans, business loans, SME loans, etc., SBI also specializes in providing an Overdraft credit facility against Time Deposit which can be called SBI Overdraft against Fixed Deposit. The maximum amount that can be availed is up to Rs. 5 crore and up to 95% of your Time Deposit value.