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NRIs have an opportunity to grow their businesses by overdraft/loan against your deposits in India. You can avail a USD Loan or overdraft in the UAE against your NRE fixed deposits in India.
Get the advantage of liquidity with a loan against your fixed deposits. Instead of liquidating your deposits in times of need, borrow against them as a loan or overdraft (OD). Draw as much as you need, and pay interest only on the drawn amount till you repay. Your deposits continue to earn interest for you.
Key Features & Benefits:
Use of Funds