Rules regarding maintenance of od and current accounts
This query is : Resolved
28 May 2024
Sir / Madam,
Sanctioned loan amount including od limit: INR 5 crore.
Availed loan amount including od: INR 3.5 crore.
Are we liable to close all current accounts maintained at banks other than loan sanctioning bank?
Sanctioned loan amount including od limit: INR 5 crore.
Availed loan amount including od: INR 3.5 crore.
Are we liable to close all current accounts maintained at banks other than loan sanctioning bank?
29 May 2024
No problem in case of 5 crore od limit.
No need for closure.
No need for closure.
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