With a ₹1 lakh salary, is locking ₹1.5 lakh into a PPF actually the best move? I'm starting to think I should prioritize my cash flow and emergency savings first. Why focus on the funding method if the strategy itself might be too restrictive?

Can I use my FD as collateral for a loan? Given a 10 lakhs FD at 7.25% interest, what is the expected loan amount and interest rate? Are there particular criteria, and do all banks offer loans against FDs?