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Amount mentioned in the instrument exceeds the overdaft limit then that instrument is retuned for reason "Exceed arrangement". eg. If o/d limit of an account is Rs.1 lac and around Rs.75 K have already been overdrawn and then cheque of another 50K hits the account then instrument will be returned for reason "exceed arrangment".

If account does not have sufficient balance and customer issues the cheque exceeding the balance then same will be returned for reason "Insufficient Funds". eg. If account has the clear balance of Rs.1 lac whereas instrument is issued of Rs.3 lacs then same will be retuned for reason "Insufficient Funds".

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