Over Draft Facility

Life's busy and it can be easy to lose track of your spending. Agreeing your overdraft limit in advance (we call this an arranged overdraft) can give you financial flexibility when you really need it, as emergencies occur and sometimes unexpected bills arrive.

An arranged overdraft is agreed with us. It allows you to spend or take out more cash than you have in your current account. If your request for an arranged overdraft is approved, you could have access to the money the next working day.

Manage your fund requirements for business needs with the Drop-line Overdraft Against Property and pay only for what you use. Drop-line Overdraft Against Property is an overdraft facility against property as collateral for self-employed customers.

This is an optional facility Community Sector Banking provides as part of a Cash Management Trading Account.

 
Any Inquiry For Over Draft

Product Features

  • Drop-line Overdraft limit of upto Rs. 5 Crores
  • Drop-line Overdraft tenure of 5 years and 10 years
  • Both residential and commercial property accepted as collateral
  • Interest charged only on the amount utilized
  • Minimal documentation and faster approvals
  • Attractive interest rates

Whilst you are helping your community, we know that sometimes you need some extra assistance. In order to meet the day-to-day cash flow needs of your organisation, Community Sector Banking offers an overdraft facility that can be set to an agreed limit against your account.