Loan against FD can be availed from BFL subject to execution/acceptance of documents as may be prescribed by BFL. Loan can be given against deposit only after 3 months from the date of Deposit. The interest rate on such loans shall be 2% higher than the rate of interest provided on the Deposit. The loan amount cannot exceed 75% of Deposit amount. Tenure of the loan will be the residual maturity of the FD.