OTS - Frequently Asked Questions What is the full form of OTS in Banking, Accounts and Finance? Expand full name of OTS . What does OTS stand for? Is it acronym or abbreviation? The OTS amount needs to be paid within 6 months from the date of approval of OTS , with 25% upfront and balance within 6 months without any interest amount. If the money is paid within a year, then ... What Is OTS In House? OTS is full form is Open To Sky. It is an area in a house plan, which directly opens to the sky and is covered by fiberglass or some other translucent material. Open To Sky ( OTS ) is an area in a house plan, which doesn’t have a roof. However, one of the most common full forms of OTS is 'One Time Settlement'. This term is often used in finance and banking to refer to a settlement option where a borrower can settle their dues with a single payment, usually at a reduced amount.

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