FD Overdraft (Fixed Deposit Overdraft) is a financial arrangement in which banks provide overdraft facility against the security of fixed deposits (FD) kept with them.

1. Fixed Deposit (FD):- It is a financial instrument in which you deposit a lump sum amount in the bank for a fixed period and the interest rate is pre-determined.

2. Overdraft Facility:- Overdraft facility allows you to withdraw more money than the amount present in your account up to a certain limit.

3. Interest Rates:-