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Overdraft against Fixed Deposit (Corporate)
Get funds easily, without breaking your FD!
Apply for FDOD in 4 steps
through Corporate Internet Banking (CIB)!
For existing ICICI customers:
- 01. Submit Request Letter, Board Resolution and authorised documents at the Branch for a one-time registration to avail digital and paper-less FDOD facility.
- 02. Post registration, select Tenure, OD Amount and FD Account
- 03. Review and accept the Terms and Conditions
- 04. Verify with Grid Card Values and OTP
Get started with Corporate Fixed Deposit
How to apply for FD (Fixed Deposits) Online through InstaBIZ app?
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How to manage Fixed Deposit (FD) account with InstaBIZ app?
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Corporate FDOD FAQ
What is Corporate Overdraft against Fixed Deposit (FDOD)?
Corporate Fixed Deposit is a very popular financial instrument. Ease of investment, guaranteed returns, flexibility, this deposit handles your short and long-term funding requirements while you earn interest. You can avail an Overdraft against your Fixed Deposit instead of breaking the deposit prematurely.
What is ODFD?
ODFD means Overdraft against Fixed Deposit, a fund-based facility where OD is given against a collateralised FD.
How can you avail OD against Corporate FD?
OD can be availed through both online (Corporate Internet Banking) and offline (Branch) modes.Â
Corporate FD Blogs
Overdraft Facility on Corporate Fixed Deposits: How Does it Work?
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5 Reasons Corporate FDs are a Safe Investment
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Investing in Corporate FDs: Tips for Maximising Your Returns
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How to Choose the Best Corporate FD Rate for Your Business
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