PUNE: Bank of Maharashtra (BoM), a premier public sector bank in the country, known for customer friendly services has launched an Overdraft facility (OD) against Fixed Deposits for its individual customers holding a SB account amidst pandemic. Under this OD facility, up to 90% value of FD can be availed attracting additional 2% interest rate over and above the FD rate.
Bank of Maharashtra announced launch of an Overdraft Facility (OD) against Fixed Deposits to support customers in this pandemic. The OD facility can be availed from the comfort of home in three simple steps using Bank of Maharashtra’s Mahamobile App.