OD LOAN , MUDRA LOAN

The OD (Overdraft) Loan and MUDRA Loan are two important financial schemes designed to empower entrepreneurs and small business owners. An OD Loan allows individuals or businesses to withdraw funds beyond their account balance up to a pre-approved limit, offering flexibility for short-term financial needs and smooth cash flow management. Meanwhile, the MUDRA Loan, introduced under the Pradhan Mantri Mudra Yojana (PMMY), provides funding support to micro and small enterprises for business expansion, equipment purchase, or startup purposes. Together, these loans enable businesses to operate efficiently, access timely credit, and grow sustainably with government and bank support.