Bank With Overdraft East Delhi


Bank With Overdraft

A bank overdraft is one of the financial instruments that is given to some customers through the bank with overdraft to extend the credit facility, which effects in the main balance of the reaches account zero. In the simple words, bank overdraft is a credit unsecured form that majorly use for fulfilling the short-term cash requirements. Banks provide a credit limit to the customers basis on their relationship with the bank. The bank levies charges and separate interest towards non-maintains of account. For the overdraft facility, the interest rate may vary from bank to bank.

An overdraft is a credit facility in which you can withdraw money from the current or savings account, even if the account balance is zero. An overdraft facility is an extension of the credit type limit offered by banks. The sanctioned limit is said to be ‘overdrawn’. An authorized Overdraft limit is assigned for every kind of customer reliant on their relationship with the bank. The customer can withdraw money up to the assigned limit. The interest rate offered by Overdraft is calculated on the withdrawn amount from the total sanctioned limit. It shall play a different role from lender to lender and reliant on the bank overdraft amount requirement, the account balance in your current or savings account, and your relationship with the respective Bank.

Please visit our website:
Keywords: Bank With Overdraft
Phone: 09863020202

 Published date:

September 14, 2022




East Delhi

 City area:



6 Floor, DDA Building, Behind Scope Minar, Nirman Vihar, Delhi-110092



Share by email Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Pin on Pinterest

Useful information

  • Avoid scams by acting locally or paying with PayPal
  • Never pay with Western Union, Moneygram or other anonymous payment services
  • Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
  • This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"


 Tel.: 8287746373

Contact publisher

    Related Ads

    No Related Ads