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Q.

How to Renew my Dukandar OD?

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0 2024-04-22T14:10:11+00:00

Wondering how can I renew my dukandar OD? To renew your Dukandar OD (Overdraft) in India, 

  • Get in touch with the bank where you have your Dukandar OD account. Inform the bank representative that you wish to renew your Dukandar OD facility.

  • The bank may ask you to submit certain documents for the renewal process. The bank will assess your creditworthiness based on factors like your business's financial health, income, credit history, etc.

  • Once your renewal request is approved, you may need to agree to the terms and conditions of the renewed Dukandar OD facility.

  • Carefully review the terms of the renewed Dukandar OD facility, including interest rates, fees, repayment terms, and any other conditions. If everything looks satisfactory, sign the necessary documents.

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Hope this helps!

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