Overdraft Against Fixed Deposit

Interest Rate: You’ll be charged 2% above the interest rate applicable on your AU Fixed Deposit.

Overutilization Charges: If you use more than your approved overdraft limit, an additional charge of ₹0.10 per ₹1,000 will apply on the excess amount

Processing Fees: Nil

Prepayment Charges: Nil

Any customer whose account falls under the following category is eligible:

• Individual/s and Sole Proprietors

• Partnership Firms

• Private & Public Ltd Companies

• Hindu Undivided Families (HUFs) Accounts

• TASC Accounts

• Non-Resident Indian Accounts

Eligible customers can apply by visiting their nearest AU Small Finance Bank branch and filling out a simple application form. The bank will guide you through the process and help activate the overdraft facility against your Fixed Deposit.