Overdraft Facility

Overdraft to the extent of 80-90% of Valuation of the Property for Business purpose UPTO Rs.50,00,000/-

Interest Rate :

  1. 14.50% p.a. (Secured)
  2. 16.00% p.a. (Unsecured)

Overdraft Against Term Deposits:

  • Overdraft to the extent of 90% of Term Deposits with the Sreenidhi Bank is available across the counter.
  • Interest rate on the overdraft account is charged at the rate of 2% more than the Fixed Deposit receipt rate for general customers, non individuals and co-op. Socities and Senior citizens.