There is no ceiling on amount of loan/advance against security of NRO/NRE time deposit to depositor and or to third parties for genuine personal/business needs.
Loan to depositor against NRO/NRE deposit is allowed at 1% higher than the deposit rate.
Loan to third parties against NRO/NRE deposit receipt is allowed at 2% over deposit rate or rate for category of the borrower,whichever is higher.
Rupee loan to depositer against FCNR B Deposit is allowed at 2% over deposit rate or our base rate, whichever is higher. Loan to third parties will be at 3% above deposit rate or 1% above our base rate, whichever is higher.