Am I eligible for (OD) overdraft?
Yes you’re eligible for (OD) overdraft, if your salary account with us has regular salary credits and your company / firm is on our approved list for overdraft facility.
Also, your min net monthly income must be Rs. 15 thousand.
When will my (OD) overdraft limit be renewed?
Based on your account performance and salary credits, your (OD) overdraft limit will be renewed after 1 yr. once the payment of the annual renewal fee is made.
Which locations is (OD) overdraft available in?
(OD) overdraft is available in the following locations only: Mumbai, Delhi, Gurgaon, Noida, Bangalore, Chennai, Hyderabad, Secunderabad, Kolkata, Pune, Nasik, Jaipur, Baroda, Indore, Bharuch, Surat, Silvasa, Chandigarh, Ludhiana, Patiala, Coimbatore, Ahmedabad, Lucknow, Calicut, Trichur and Cochin.
How do I utilize this amount?
This amount is made available in your Salary Account. You can withdraw it throughout the regular modes i.e. Cheques, ATM, on-line transfers.
What is the amount I can get as an (OD) overdraft?
Depending on your eligibility, the max amount you can avail as an overdraft is Rs. 1 Lakh. The min overdraft amount is Rs. 25 thousand.