Busimoni od current account

BusiMoniOD Current Account

We have always been committed to supporting you in your business endeavours, however big or small. BusiMoni OD was thus born as a product of these efforts, and is now an integral part of our Current Account services.

 

BusiMoni OD facility caters to all your business requirements, be it re-stocking supplies or fulfilling last-minute orders. BusiMoni OD is a friend indeed when it comes to meeting your business needs, and you can now rest assured that you will never fall short of funds. Furthermore, with an unsecured overdraft limit, you can now manage the fluctuations in your business while making the most of every opportunity to not just grow, but thrive.

Features

  • Unsecured OD of up to ₹3 lakh
  • Unlimited NEFT, RTGS & IMPS transactions
  • 100 free cash withdrawals per month at Ujjivan SFB branches
  • 50 free cheque leaves per quarter
  • Minimum documentation
  • Value Added Services like POS, QR, CMS, etc.
  • Pre-approved overdraft facility for existing current account customers
  • Overdraft limit will be set based on the history of banking transactions
  • Flexibility to withdraw from overdraft account even when the balance is zero
  • Interest to be paid only on the amount utilised and not the whole limit
  • Quick approval on releasing funds for your requirements
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Minimum 
Interest Rate* (%)
Maximum 
Interest Rate* (%)
Average rate of interest in last quarter** (%)Processing Fees (% of the loan), if range, give range
16%20%16.03%
Processing Fees

PF to be collected from OD account

OD LimitCharges
Up to 1 LakhRs 1,000 plus taxes as applicable
Above 1 LakhRs 1,500 plus taxes as applicable

Eligibility

To be eligible for a BusiMoni OD Current Account, you must be or have one of the following:

  • Resident individual
  • Sole proprietorship

Other Details

  • Non-Utilisation of OD charges – ₹500 + GST per month

Maximize your savings! Earn up to 9.00%* p.a. on our Fixed Deposits!

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