OD Limit refers to the amount of money that can be withdrawn in addition to the credit bank balance. If a customer exceeds their overdraft limit or misses a payment, the bank levies additional costs.
- Age Criteria: Minimum 21 years and maximum 65 years.
- Bank Account: Applicant should have existing bank account with the respective bank.
- Income Criteria: Depends on lender.
- Good CIBIL or credit score shall be an added advantage.
