Overdraft Limits for working capital requirements

The Overdraft limits may be availed by the constituents / members of the Bank to meet their working capital requirements / needs. The Limits shall be sanctioned primarily against the hypothecation of current assets of the respective business entity and / or creating a Bank’s Charge on the security so offered, subject to other applicable Terms & Conditions.

The limits will be sanctioned for a period of 1 year, renewable on yearly basis.

• INTEREST RATES - Please refer “Interest Rates” on this site.