Overdraft

Loans

The Co-operative Bank of Rajkot Ltd. [ Raj bank] provides the facility of overdraft of different types which are stated as under.

Secured Overdraft to finance the short-term requirement of business. This scheme
provides overdraft facility against mortgage of property at reasonable rate of interest. The
scheme is for people engaged in trade, commerce & business and professionals &
self-employed, Prop. Firm, partnership firm, companies, and individuals with high net worth. The product provides an opportunity to customers to borrow against a fixed asset
(mortgage of property) at a short notice without much paper work.
Overdraft against Fixed Deposits without disinvesting your Fixed Deposits with our bank,
you can avail the facility of overdraft against Fixed Deposits.
Limit can be decreased / increased /renewed to the requirement of the customer subject
to banking rules.
Personalized Cheque Book facility
E mail Statement facility
SMS Alert beyond specified limit