| Purpose | To provide overdraft to the customer to enable him/her to meet the urgent Social obligation/requirement such as medical/educational expenses etc. |
| Eligibility |
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| Minimum Balance | The account can be opened and maintained at Zero Balance. The account holder will be allowed to maintain the A/c even at zero balance as long as he/she is associated with that organization. In case of retirement, switch over to other organization, the account will be treated as regular savings bank account, wherein he/she will have to maintain the required minimum balance.(minimum balance charges) |
| Interest rate offered for credit balancet | As per the extant rates for Savings bank account |
| Passbook Facility | Available |
| Overdraft Facility |
Limit of Overdraft : Up to Two months "Net Salary" Rate of Interest : Please click here For rate of interest Documents : As applicable to Clean overdraft facility Documentation Charges: Actual stamp paper charges Repayment : Next salary (ies) within a period of 6 months Review of facility : Every year Processing charges : Please click here For Processing fee |
- Sun, June 16-2019
