OD- General is a continuous credit limit allowed for different business purpose to meet up working capital requirement in the business to those concern who does not maintain stock.
- This is a continuous loan
- Continuous drawing and adjustment is possible
- Any branch transaction is allowed
- Validity of the limit may be one year or less. It may be renewed for further period at the request of the customer but at bank's own discretion
- Primary security: Primary security may not be available