OVERDRAFT LOAN and CASH CREDIT LOAN

Overdraft loans allow individuals or businesses to withdraw more money from their bank account than is available, up to an approved limit. This facility helps manage temporary cash shortages and ensures smooth financial operations. Cash Credit Limit loans provide businesses with a revolving line of credit to meet short-term working capital needs. Borrowers can withdraw funds as needed, up to a pre-approved limit. Loan limit will be 3 to 5 times of NDR/75% of stock.