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Temporary Overdrafts (Unsecured)
An individual/Firm member may be allowed Temporary Overdrawn (TOD) facility upto maximum of Rs. one lac subject to the following conditions :-
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• Such OD shall be for a period of 15 days only, which may be extended in deserving cases. |
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• Such members must have satisfactorily conducted Current Account or other account with the bank at least for last six months. |
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•Such facility will include drawals againt cheque/s sent for collection (including outstation cheques). |
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•Execution of valid loan documents. |
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•Written request from such borrower/s. |
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