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  #2  
July 14th, 2016, 12:03 PM
Super Moderator
 
Join Date: Mar 2013
Re: Loan Against Fixed Deposit State Bank Of Mysore

Well the Loan / Overdraft against term deposit can be availed from the State Bank Of Mysore

Almost loan/overdraft up to 90% of FRTD amount may be provided.

The loan/Overdraft will be given at interest rate of 1.5%p.a. above the interest rate paid on the deposit


Fixed Deposit rate of the State Bank Of Mysore

Period Rate Of INT (%)

07 – 14 Days 5.75

15 – 45 Days 5.75

46 – 90 Days 6.25

91 – 179 Days 6.50

180 – 269 Days 6.75

270 – 363 Days 7.00

364 days 7.00

1 Year 7.10

Above 1 Year to 2 Years 7.10

Above 2 Years to 5 Years 7.10


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