
CSB Bank credit card against FD is a secured credit card issued against a fixed deposit with CSB Bank. To apply, a minimum deposit of ₹50,000 is required. Applicants must be Indian residents with an active CSB Bank fixed deposit.
7.1%*
Guaranteed Plan
(by insurance companies)
(10 Years)
6.5%**
Fixed Deposits
(by SBI bank)
(5-10 Years)
7.1%***
Public Provident Fund
(other popular options)
(15 Years)
CSB Bank credit card against FD provides a reliable credit option by linking your fixed deposit to the credit card facility. Instead of relying on credit history, the card is issued based on the deposit held with the bank. This allows you to access credit while your deposit continues to earn interest as per CSB Bank FD Interest rates, making it a balanced choice for building financial credibility.
Below are some important features of the CSB bank credit card against FD:
The following table outlines the advantages and limitations of the CSB Bank credit card against FD.
Pros | Cons |
Helps build credit history through timely repayments | Only individual FDs are accepted; joint deposits are not eligible |
FD continues to earn interest while the card is active | The FD is locked as collateral and not withdrawable |
Lifetime free for early users; zero joining/annual fees | Limited variants compared to unsecured credit cards |
No income proof or credit score required | Early FD closure may lead to card deactivation |
To apply for the CSB bank credit card against FD, follow these simple steps:
Here’s how you can close your CSB bank credit card against Fixed Deposit:
Check if you fall under any of these categories:
The CSB Bank credit card against FD is a secured credit card taken against a fixed deposit with the bank. You need to deposit at least ₹50,000 and be over 18 years of age to apply. The threshold of the credit is usually between 70% and 90% of the amount of the FD. It does not require an income verification or a credit score. Moreover, your fixed deposit does not miss out on the interest rate as per the changing FD interest rates within the tenure, because it comes at a favourable rate of interest on the money you have deposited.
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per
applicable tax slabs post 31st march 2023
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in