OD meaning in Banking ?

Answer:

What is Overdraft mean?

An overdraft occurs when money is withdrawn in excess of what is on the current account. In this situation the account is said to be "overdrawn". If there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then interest is normally charged at the agreed rate. If the negative balance exceeds the agreed terms, then additional fees may be charged and higher interest rates may apply.

reference

Full Form	Category
Optical Density	Academic & Science
Oxford Dictionary	Academic & Science
Optical Depth	Academic & Science
Outgoing Degree	Academic & Science
Outside Dimension	Academic & Science
Overall Dimention	Academic & Science
Operational Definition	Academic & Science
Outer Diameter	Academic & Science
Outside Discussions	Academic & Science
Overnight Deposit	Accounts and Finance
Overdraft	Banking
Own Damage	Business
Origin Date	Business
Order Description	Business
Organizational Development	Business
Organizational Design	Business
Office Depot	Business
Oregon Diner	Business
One Direction	Community
Organisation Development	Community
On Demand	Community
Over-Dubbed	Community
Open Democracy	Community
Octal Dump	Computer Assembly Language
Optical Disk	Computer Hardware
Open Diary	Computing
Oh, Dear	Computing
Oleaginous Diplomacy	Country Specific
Doctor of Optometry	Educational Degree
Open Drain	Electronics
Opal Diffuser	Electronics
Outside Diameter	Electronics
Overcharge Drinkers	General
Open Doors	General
Olive Destination	General
Other Deposits	General
Out of Date	General
Omni Die	General
Orange Drink	General
Orange Duck	General
Original Duration	General
Order of Disorder	General
Ordnance Datum	General
Other Degree	General
Over Drive	General
Organization Devel	General
Original Designation	General
Od Dump	General
Omnie Die	General
Ocular Dexter	General
Ocean Diver	General
Over Doing	General
Overly Dedicated	General
Off Distance	General
Ocean Drive	General
Oh Dark	General
Outcast Destroyers	General
Office of the Director	Governmental
Oil Dependent	Governmental
Origin Destination	Governmental
Off Duty	Governmental
Old Dominion	Governmental
Operations Department	Governmental
OD	Indian Railway Station
Omne in Die	International
Opus Dei	International
Oder	International
Online Date	Internet
Operating Dispatcher	Jobs
Off Diagonal	Maths
Outside Dimensions	Measurement Unit
Opportunistic Disease	Medical
Occupational Disease	Medical
Occupational Dermatitis	Medical
Oligodendrogliomas	Medical
Ollier disease	Medical
Organ Dysfunction	Medical
Osteochondritis dissecans	Medical
Once Daily	Medical
Oculus Dexter (Right Eye)	Medical
Once a Day	Medical
Order Disorder	Medical
Overdose	Medical
Oculus Dexter	Medical
Oxygen Demand	Medical
Ostrich Disorder	Medical
Opinion Dominatrix	Messaging
On Duty	Messaging
Organization Development	Messaging
Officer of The Day	Military and Defence
Operationally Determined	Military and Defence
Operational Detachment	Military and Defence
Other Detainee	Military and Defence
Olive Drab	Military and Defence
Other Dimension	Physics Related
Originally Detectable	Physics Related
Omni-directional	Radio Science
Operational Downlink	Space Science
Operations Directive	Space Science
Oxygen Drain	Space Science
Orbit Determination	Space Science
Olympic Development	Sports
Operator Dialed	Telecommunication
Malindo Air	Transport & Travel