- Overdraft is an operative account, which is allowed to be operated upto a pre-sanctioned limit.
- The borrower may remit funds into the account reducing the debit balance or he may draw on the account upto the limit.
- The Target Group is Individuals, Traders and Industrial Concerns.
- The overdraft may be unsecured, partly secured or fully secured against pledge, mortgage or hypothecation of securities acceptable to the Bank.
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You may contact our nearest branch for more details.