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Sounds like a trap banks would use to lock people into low-interest FDs while charging hidden fees on the 'credit line.' They’ll make money; you won’t.

Sure, no-interest credit sounds dreamy, but what’s stopping people from overusing it and turning FDs into glorified piggy banks? but i bet that is what you're betting on. Smart play

interesting proposition but is no interest credit really free credit? No hidden charges for sure?

It’s like a financial two-for-one deal. You get the growth of an FD and the spending flexibility of a credit line. Why hasn’t anyone already launched this?

This is basically credit card debt disguised as financial innovation. The moment you start using the credit line, you’re at the mercy of the bank.

Banks might love it too, go for it man

Idfc first bank has that kinda policy..They give credit card based on fd amount

I have a good idea, you get monthly 3 to 5% returns in stock market, only one stock will give you the stock name is State Bank of India, if you want idea call me 7013115105

get a fd backed credit card.

You’re right that FDs are a great option, especially with the current rates, and even small investments like ₹1,000 or ₹2,000 can generate a decent return over time. However, FDs might not always offer the highest returns in the long run. While FD interest rates are stable, exploring alternatives like stocks, mutual funds, or ETFs can provide better growth potential over time. That being said, I’m not suggesting you dive into picking individual stocks and putting all your money into them, nor am I recommending active trading. A more balanced approach, like investing in diversified ETFs or index funds, can still offer stability while giving you a better ROI over the long term.