The Salary Overdraft facility from SBI gives you the flexibility to withdraw an amount up to twice your in-hand salary.
Customers having salary accounts with SBI can take the benefits offered by Salary Overdraft from SBI which offers the convenience of withdrawing cash at minimal interest rates that is charged as per usage.
Benefits of SBI Salary Overdraft
- No security / collateral required
- Simplified documentation
- Minimal interest rates
- Quick processing and disbursal
- Limit up to ₹4 lakh can be provided
- Pay only for the utilised limit