Products > Loans > OverDraft Against Securities

OVERDRAFT AGAINST SECURITIES

The main objective of this loan is to provide short term financial accommodation to the customers through an over draft account preferably for the purpose of their emergent credit needs for business. Customers may avail such over draft facility by making lien of their Cash Certificates/ Term Deposits/ Recurring Deposits/ MIS Certificates/ NSC/ KVP or any other similar type of security deposits in favour of the Bank along with renewal facility of the said over draft account subject to fulfilment of terms & conditions as laid down in the loan policy of the Bank.
For more details contact to your nearest branch of our Bank.


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