DLOD refers to demand Loan Overdraft, a credit arrangement where demand-loan and overdraft characteristics may be used for borrower financing. Context should specify the bank’s exact product definition. In MSME underwriting, it helps the bank understand the nature of the requested or existing facility, the repayment route, the security expectations and the conditions that must be tracked after sanction. For example, a working-capital borrower may draw and repay the limit throughout the month, so drawing power and renewal discipline matter more than one closing balance. This matters because product structure affects cash-flow assessment, limit sizing, pricing, documentation and monitoring frequency. The common mistake is to look only at the sanctioned amount while ignoring tenor, utilisation behaviour, repayment cycle, renewal terms and closure conditions.