Smart OD Scheme is designed to meet day to day requirements of salaried segment of reputed organisation/institution.
The member will submit prescribed application along with the required documents and proofs. Post verification, if all the documents and papers are found in order, the prospective borrower, at the bank’s discretion, will be extended a limit up to ten times of his take home salary, subject to minimum ₹. 50,000.00 and maximum limit of ₹ 5,00,000.00. The borrower shall have to obtain shares of 5% of the sanction limit amount.