OD-General

OD- General is a continuous credit limit allowed for different business purpose to meet up working capital requirement in the business to those concern who does not maintain stock.

Features

• This is a continuous loan
• Continuous drawing and adjustment is possible
• Any branch transaction is allowed
• Validity of the limit may be one year or less. It may be renewed for further period at the request of the customer but at bank's own discretion
• Primary security: Primary security may not be available