This is actually a secured loan against FDR/deposit scheme/other related security of concerned bank. Purpose of this loan is to provide easy loan to any individual. Loan amount is deposited in client’s bank account & interest will be charged on only used amount of loan.
| Target Customer | Loan Limit | Tenor | Interest Rate |
| Any individual who have FDR or other security in bank & who need easy loan without bundle of documents. | 90% of FDR/Other security value. | Till FDR maturity | Usually 3% above FDR or other security interest |
Need FDR/Deposit scheme/other related security maintained with the concerned Bank.
List of some banks which have Overdraft Secured Loan product
| Bank Name | Product Name |
| AB Bank Ltd. | Personal Overdraft-Secured |
| BRAC Bank Ltd. | BRAC Bank Overdraft Loan |
| Dutch-Bangla Bank Ltd. | Recharge Line (Overdraft/OD from Debit Card) |
| Eastern Bank Ltd. | EBL FastCash |
| HSBC | Personal Secured Credit |
| Midland Bank Ltd. | MDB Secured Overdraft |
| NRB Bank Ltd. | QUICK CASH |
| The City Bank Ltd. | City Express Cash |
| Prime Bank Ltd. | Retail SOD (FO) |
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