Which bank has launched instant overdraft "InstaOD" facility for MSME – InterviewSolution

1.	Which bank has launched instant overdraft "InstaOD" facility for MSME (Micro, Small and Medium Enterprises) customers?
Answer» ICICI Bank has launched instant overdraft ?InstaODi facility for MSME (Micro, Small and Medium Enterprises) customers in a completely online and paperless manner. Customers can get overdraft facility up to Rs 15 lakh for a year anytime, anywhere using the bankis Internet and mobile banking app. The new facility will enable a few lakh of pre-qualified current account customers of the bank to instantly avail of the facility without visiting a branch and submitting physical documents. ICICI Bank will also offer the facility for instant online sanction of the overdraft facility to MSME customers of other banks shortly.

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