Overdraft: Latest News and Updates, Top Stories, Videos, Photos About Overdraft

Benefits Of FD: FDs Comes With Overdraft Facility, Here Are The Advantages Of Overdraft

One of the easiest methods to borrow money from the bank is to take out a loan or an overdraft (OD) against an FD. According to the bank's rules and conditions, your FD is utilised as collateral under the OD facility. ...

These 4 Asset Class Against Which You Can Apply For Loan

In our 20s, as soon as we start earning money and you start establishing your financial freedom, and start accumulating assets. Although most people associate assets with the term "investment," because the goal is to earn strong returns and/or dispose of ...

What is Gold Overdraft Loan Facility: Risk And Benefits

You don't need always a good credit score to get a loan. If you have gold with you, you can get a loan easily and spend as per your requirements. Using your gold for the loan purpose you can get easily ...

With Zero Balance Account PNB Staff Can Now Avail Overdraft Up To Rs 3 Lakh: Here’s How

The Punjab National Bank (PNB), the country's second-largest government bank, has introduced a special salary account named 'PNB MySalary Account' for the employees. Regular employees of the central/state government, PSU, Govt or Semi Govt Corporations, MNCs, Reputed Institutions, Reputed Corporate, and ...

Jan Dhan Account Holder Gets Overdraft Of Up To Rs. 10000: But On This Condition

The widely acclaimed initiative of the Modi government, the Pradhan Mantri Jan Dhan Yojana (PMJDY), also provides Jan Dhan account holders under the scheme an overdraft facility of up to Rs. 10000 provided the beneficiary has linked the account to one's ...

ICICI Bank Salary Account Customers To Get Instant Overdraft Facility

On Monday, the private sector lender ICICI Bank launched a facility ‘ Insta Flexicash' as part of which its salaried account customers would get approval for instant overdraft in a paper less manner without having to visit the branch. ...

Yes Bank Launches Instant Overdraft Facility Against FDs

On Thursday, Yes Bank announced the launch of overdraft facility against Fixed Deposits (FDs) through its digital channels - YES Mobile and YES Robot. It allows customers to avail instant OD facility on FDs from the safety and comfort of their ...

3 Ways To Reduce Interest Payments On Home Loan

Home buying involves a large sum and that is not the cup of tea of everyone to have at one go. In fact, when taking a home loan, individuals need to engage in necessary financial planning as the down payment is ...

SBI To Launch Repo Rate-Linked Home Loans; Lowers CC/OD, Savings A/c Rate

The country's leading state-run lender SBI on Friday announced the launch of repo-rate linked home loans from July 1. Also, the bank said that it will transmit the rate cut by the RBI of 25 basis points to some of ...

What Is ICICI Home Overdraft Facility? Who Can Avail?

ICICI Home Overdraft is the latest facility launched by ICICI Bank for salaried customers. This facility is available for existing home loan customers and will be linked to your salary or savings account. With the latest product, ICICI Home Loan customers ...

5 Differences Between Loan And Overdraft

Individuals who are looking for borrowing money from the bank will be more interested in understanding the difference between loan and overdraft (OD) and which one is better to avail. Both terms are used while availing amount from the bank for which ...

Overdraft Against Fixed Deposit: 5 Things to Know

Individuals prefer to book fixed deposits as it is considered as safe fixed income instrument. It is also very popular among senior citizens and individuals with low risk profile. An overdraft is a credit given to the individual against his ...

Overdraft News