FD-Backed Debt Program

Smart Capital Against Fixed Deposits

A strategic solution for businesses seeking quick, low-risk capital. This program allows access to high-value debt facilities against fixed deposits, combining traditional instruments with modern efficiency and full regulatory compliance.

Programme Highlights

  • Funding Range: ₹20 Crores to ₹10,000 Crores

  • Structure: Secure 100% of the debt with just 20% Fixed Deposit

  • Facility Cost: Starts as low as 6%

Partner Banks & Processing

1. The Bank in South India

  • Documentation Charges: 1%

  • Processing Time: 2–3 business days

2. Yes Bank (Available PAN India)

  • Documentation Charges: 1.5%

  • Processing Time: 10–15 business days

Required Documentation

  • Company Profile – Memorandum & Articles of Association (MoA & AoA)

  • Bank Statements – Last 1 year (Company & Directors)

  • GST Certificate

  • GST Returns – Last 1 year

  • Company Financials – Last 1 year

  • KYC – Company and Directors

Processing Timeline

  • Once bank documentation and FD copy are submitted, along with 1% or 1.5% processing amount, the facility is processed within 10–15 business days.

  • The processing fee is 100% refundable and secured by a post-dated cheque under a formal legal agreement.

Frequently Asked Questions

The minimum fixed deposit amount required is ₹10 Crores.

No, only FDs in South Indian Bank (Mysore branch) or YES Bank (any branch) are eligible.

The process typically takes 8 to 12 business days from document submission.

Yes, the commitment fee of 1% or 1.5% is fully refundable subject to terms and conditions with a Post-Dated Cheque (PDC).

KYC of company and directors, company profile, GST certificate, FD receipt, bank statements, and net worth certificate.

Yes, you can avail overdraft facility up to 100% of your FD amount by maintaining 20% FD as per the programme terms.

The commitment fee secures your funding request and is adjusted against the facility cost upon disbursement.

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