Customers can now avail an overdraft against Fixed Deposit (FD) via State Bank of India (SBI) YONO app, informed country's largest lender on its official twitter handle- @TheOfficialSBI. Under SBI's overdraft facility, customers holding fixed deposit (FD) in a single name can avail up to 90 per cent of the fixed deposit (FD) amount as an overdraft to meet emergency and other needs. The overdraft is created instantly online via SBI YONO without the need to visit the branch, said SBI on its portal.
#YONObySBI offers a one click facility to avail an #overdraft against your #fixeddeposit. Download: https://t.co/VFpiAhO7NR#SBI #StateBankOfIndia #StateBank #YONObySBI #AllInOne #LifestyleApp #BankingApp #Shopping #Movies #PersonalFinance #YONO #YouOnlyNeedOne pic.twitter.com/r9C455vugm— State Bank of India (@TheOfficialSBI) April 25, 2018
Key things to know about SBI's overdraft facility against fixed deposit (FD):Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.