Overdraft facility in Savings Bank accounts is available to all employees of our Corporate clients / Institutions / Organisations for meeting their exigencies and whose salaries are disbursed through Savings Bank accounts of our Branches.   

Overdraft is allowed upto Rs.40,000/- or one month net salary, whichever is less.      

No margin stipulation and no moratorium period.    

Documentation in a booklet form.    

Loan to be adjusted at least once in a month by the amount of salary to be credited to the account.  

Click here for Rate of interest

Click here for Processing Fees, Prepayment Penalty, Documentation Charges, Mortgage and other charges

Security: Undertaking from employer to credit monthly salary.