The Salaried Workers Overdraft provides short-term financial relief for customers operating a salary-based current account. It offers quick access to funds when expenses exceed the available balance.
Eligibility:
- Must operate a salary account with the Bank.
- Pensioners and government salaried workers require no guarantor.
- Casual workers and private institution employees must provide a guarantor.
Facility Terms:
- Repayable within one (1) month.
- Best suited for unexpected shortfalls before payday.
Benefits:
- Immediate access to funds
- No collateral required
- Simple documentation