When you invest in a bank fixed deposit, you can easily get a loan against it without having to break it. This is similar to a personal loan. However, the loan is structured as an overdraft facility against your fixed deposits.
FDR Loan amount is 80% of principle and period up to FDR maturity. Interest Rate is 3% extra of FDR interest. respectively And Annual Service Charge RS 15/- Per Annum.