savings corporate
FD Overdraft

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

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