Yen Deposits

Can I get a loan (overdraft) against a Yen time deposit?
Yes. In case the amount requested for withdrawal or direct debit payment is in excess of the funds available in yen savings account, the amount is automatically withdrawn against the time deposit.

Credit Limit shall be either 90% of the Time Deposit (placed as Security) or 5,000,000 yen. The lower amount will be the credit limit.

To check the overdraft interest rate, please click here

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