Overdraft on FDs: Instant Funds

Login to NetBanking > Accounts > Transact > Overdraft against FD. Alternatively, visit the nearest HDFC Bank branch.

1. Retain Your Fixed Deposit:
 

• Keep your FD intact while accessing cash.

• Preserve the interest-earning potential of your deposit.

2. Instant Access to Funds:
 

• Avail Overdraft Against FD instantly through NetBanking.

• Minimum FD amount of ₹25,000 for a minimum tenure of 6 months 1 day required.

3. Flexible Repayment Options:
 

• Pay interest only on the drawn amount.

• Remaining Fixed Deposit continues to earn you interest.
   

4. Account Linking Options:

• Choose between a Savings Account and a Current Account to link your Fixed Deposit. 
  

To apply for the Overdraft Against Fixed Deposits online, you'll need the following documents:
 

Proof of Identity:
 

• Aadhaar card

• PAN Card

Proof of Address:
 

• Most recent utility bill

• Passport

Proof of Income:
 

• Recent salary slips (employed)

• Income tax returns (self-employed)

Most Important Terms and Conditions   
 

*The (Most Important Terms and Conditions) for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.    

You can know more about the joining/renewal fees and other charges here.