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Over Draft Against Deposit

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Overdrafts will be made to the Individual nominal members of the Bank on the basis

of deposits held by them. (And there is no share linkage for that)

He should be a depositor of the Bank .

The Bank may sanction a loan upto 90% of the deposits held by an individual member.

Deposit consists our Bank Deposits only. (Cash Certificate & Fixed Deposit)

*Rules are subject to change from time to time. For further details please contact nearest branch.

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