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      InstaOD Saving Account FAQs

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      Finance

      What documents are required to apply for Savings Account Overdraft?

      No documents are required.

      In case of any assistance required, whom do I contact?

      You can call helpline no. 1800-000123 Monday to Friday 09:30 AM to 06:00 PM.

      Do I have to pay a fixed EMI every month?

      No, interest is charged on the amount utilised and payable on monthly basis.

      What is the interest rate charged?

      17% per annum.

      Is processing fee applicable? If yes, what is the amount charged?

      Yes, processing fee is applicable. The processing fee is 2 % of the loan amount.

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