Sheehan Suresh (Non-Retail Sales Supervisor)

OPL in banking is Overdraft Protection Line.

Basically, it is a small loan. It is attached to your current or savings account. Think of it like a safety feature for your money.

Let's say you have Rs. 5,000 in your account. You need to pay Rs. 6,000 for something. Normally, your payment will fail. But if you have an OPL, the bank will automatically move Rs. 1,000 from this loan to your account. This will complete your payment. So, your cheque will not bounce or your debit card payment will go through.

But remember, this is a loan. You must pay interest on the money you used from the OPL. It is a good facility to have for emergencies. But you should be careful about the charges. It is not free money, it is a credit line.