BEST FOR

Liquidity with deposits intact

  • Maintain full interest accrual

  • Attractive foreign currency rate

  • Flexible short-term financing

  • Quick processing and approval

Important things to know

  • Eligibility

    Corporate or group entities with deposits

  • Securities

    Fixed Deposit, Cash Margin or FCNR Deposit

  • Tenure

    Loan period up to deposit maturity

  • Interest

    Payable at maturity or intervals

About the product

What is Loan Against Deposits (LAD)?

A Loan Against Deposits (LAD) is a credit facility that allows corporates and promoters to access short-term liquidity by pledging existing deposits, without the need to withdraw or break them

Eligibility

Available to corporate or group entities maintaining deposits with ICICI Bank

Security

Loans are secured against Fixed Deposits, Cash Margins or FCNR Deposits held in eligible branches

Tenure and interest options

Loan tenure extends up to the maturity of the underlying deposit. Interest is offered at attractive foreign currency rates, payable periodically or at maturity

Documentation and processing

The ICICI Bank’s DIFC branch ensures minimal paperwork and timely approval, providing an efficient way to meet bridge or interim financing needs without affecting deposit earnings

FAQs

How does the LAD facility work?

Under this facility, corporates or promoters can avail foreign currency loans from ICICI Bank DIFC by pledging their existing deposits. The deposits continue to earn interest while providing liquidity support.

Is LAD available in foreign currency?

Yes, the facility is offered in foreign currency, primarily USD, enabling borrowers to meet international funding or working capital requirements efficiently.

What financing needs does LAD support?

The facility is suitable for short-term liquidity, bridge funding or interim financing requirements, allowing corporates to manage operations without disturbing their existing investments.

How quickly can funds be accessed?

With simplified documentation and internal processing at the DIFC branch, eligible entities can receive funds promptly once security and eligibility checks are complete.

Disclaimer

PROCEED