Understanding Overdraft Facility in Current Account

An overdraft facility in a current account is a versatile financial tool that provides liquidity during emergencies or cash flow shortages. Whether you are an individual or a business, understanding the terms, charges, and responsible usage can help you make the most of this facility.

Consider discussing your needs with your bank to find the most suitable overdraft plan for you. Always remember, while overdrafts offer flexibility, responsible borrowing is key to maintaining financial health.

Ujjivan SFB does not offer overdraft facility on Current Accounts. However, you can still simplify your business transactions with a Current Account from Ujjivan. Open a Current Account with Ujjivan Small Finance Bank and enjoy multiple benefits. 

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