Ing vysya bank overdraft facility

Is Ing vysya bank grant overdraft facility for its customer , if yes then I would like toopen an account there , as I am a small businessmen and looking for open an account ???

[Kiran Chandar]

Yes Ing vysya bank grant overdraft facility for its customer for Business-MPower Business Account, if you going to open this particular account the you will be able to get this facility , here I am telling you benefit of Ing vysya bank Business-MPower Business Account,:

1. A Current Account with Cash Credit/Overdraft facilities pre-approved to meet the needs of working funds for your business
2. A dedicated team of Relationship Managers exclusively assigned to your account
3. Being a Cash Credit/Overdraft account, you get charged only to the extent of usage of the limits in terms of interest, thus providing an economic and efficient pricing for funding your business
4. It values your business in terms of quick evaluation and speedy sanctions
5. Competitive interest rates
6. Free Demand Drafts/Pay Orders/Payable at Par Cheques up to 10 times of limit sanctioned per year *
7. Free Internet banking facility (for individuals/sole proprietorships)
8. Free collection of cheques in 85 locations across India *
9. Pick-up and Delivery of Cash / Cheque facility at select centres *
10. Free phone banking at select centres *

Who can open this account
Business Enterprises, Traders, Exim Houses, Wholesalers, Commission Agents, Contractors, Transport Operators, Professionals and Mid-sized companies including manufacturing / processing units.

Hello sir I am Vijay, please tell me is ING Vysya Bank provide Overdraft Facility???

[Quick Sam]

ING Vysya Bank was a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group

Yes, Cash Credit or Overdraft Facilities are provided by ING Vysya Bank

Cash credit facilities are the most common form of working capital financing. Theses facilities are running account facilities where the borrower may remit and draw funds freely

The facility is generally granted for a period of up to 12 months, with a review after that period.

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