OD against TDR
Help you overcome short term financial problem or meet any emergency expenditure, BoB grants loans against the Term Deposit held in the bank by treating it as security.
The Bank may grant a loan to a Term Deposit holder of the bank treating the Deposit as its security. The loan shall be given to the Depositor on hypothecating fixed deposit receipt.
90% of the term deposit value.
1% over and above the deposit rate.
CHECKLIST FOR OD TDR