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Thread: Loan on Fixed Deposit

  1. 05-23-2012 06:22 PM #1
    gsujanu
    gsujanu is offline
    MS in US Fresher
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    May 2012
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    Loan on Fixed Deposit

    Hi all..

    I need to show financial assistance of 27L. I have 15L fixed deposit and the bank has come forward to give loan of 12L on this fixed deposit. Can i combine this [15L in FD, 12L as loan] and show as 27L financial assistance?

    Thanks!
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  2. 06-16-2012 12:06 AM #2
    Simanta
    Simanta is offline
    MS in US Fresher
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    Jun 2012
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    6
    i m 2 planing 2 take loan on fixed deposit...wl d interest still be applied on it or waived? can ne1 put some insight into it...
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