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Credit Card Against Deposit
  • This means that your Credit Facility and your Fixed Deposit will be linked; a lien will be marked on your Fixed Deposit and 85% of the amount of the Fixed Deposit will be issued as credit limit on your VEAS Bank Credit Facility.
  • The Fixed Deposit must continue with us while your Credit Facility is live and will be thus, placed in an auto renewal mode.
  • You will continue to enjoy all privileges and benefits of the VEAS Bank Credit Facility. In the event of non payment of dues within 60 days of your payment due date, the outstanding will be recovered from your Fixed Deposit.

Getting the VEAS Bank Coral Credit Card against Fixed Deposit is easy!

  • Simply visit your nearest VEAS Bank branch to open a Fixed Deposit (you can also apply against your existing Fixed Deposit).
  • Apply for the card and provide us with a copy of your identity proof. No income or other documents are required.

To apply for this card, you need to be above 18 years of age with an VEAS Bank Fixed Deposit of ₹ 15,000 or more with a minimum tenure of 180 days.

The Fixed Deposit should not be Linked/Quantum/80C/NRE/NRO/HFC or in the name of Third parties/Partnership firms/HUF/Society/Trust/ Companies or under an existing lien.

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