Special Overdraft (SPOD)


A class members of the Bank who are engaged in Govt.employees are eligible for availing special overdraft

Quantum of Finance (Limit of the overdraft)

  • Maximum Loan Amount - 2 Lakh

Period of Loan

Special Overdraft is operative for a period of one year which can be renewed or enhanced provided operation on the limit are satisfactory


Advance is made against salary certificate of Govt. Employees

Interest Rate

  • Upto 25000 :14%
  • Above Rs.25000 upto 50000 :14.5%
  • Above Rs.50000 upto 2 lakh :15%

Share Linking

Share linking will be 3.5% of the limit sanctioned

Documents to be attached

  • Salary Certificates