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