how to increase bank OD without extending registered mortgage?



i am having OD account with a nationalised bank. the account is standard and i am considered as a VIP customer by the bank, but my OD is secured by a registered mortgage of my relative’s property and i do not have any landed property of my own. i do not want to approach my relative again for extension of the RM. is there any way to increase bank OD without extending RM appropriately?

One Reply to “how to increase bank OD without extending registered mortgage?”

  1. 1. It all depends on your bank.

    2. If it is satisfied about you and your repaying capacity, it may grant even a clean OD. Or it may grant an OD against the guarantee of a third person.

    3. Please discuss with your bank.

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