Examples of using Overdraft in English and their translations into Hindi
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Colloquial
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Ecclesiastic
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Ecclesiastic
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Computer
That's right, overdraft.
Overdraft” is not a word we like to hear.
How do you avoid overdraft fees?
Loan/Overdraft facility up to 95% of the deposit amount.
Salary/ Pension Account with overdraft facility(For others).
People also translate
Overdraft facility is subjected to yearly renewal/ review.
The amount overdrawn from the bank is called bank overdraft.
For example, when there is an overdraft on a checking account.
A summary of the differences that exist between cash credit and overdraft.
For non-salaried people, term loan and secured overdraft facilities are available.
After six months of opening of the bank account, holders will be eligible for Rs. 5000 Overdraft.
Basically, overdraft means that the bank allows customers to borrow a set amount of money.
Your bank can opt to use its own funds to cover your overdraft.
An overdraft facility is considered as a source of short term funding as it can be covered with the next deposit.
If the bank uses its own funds to cover your overdraft, then it typically wont affect your credit score.
Overdraft will be equal to last drawn Net Salary and is to be adjusted in two installments with in a period of 2 months.
To solve business problems, loans in the area of working capital replenishment,express loans or overdraft are used.
If you have ever overdrafted on your account, the $35 per day overdraft charge proves just how“free” your account really is.
We win Accenture(good news for everyone exceptthe people at Lloyds Bank who are upset we no longer use our overdraft).
Customers can now link overdraft account to UPI in addition to current and savings account, and the transaction limit has been doubled to₹2 lakh.
Many individuals who already have bank accounts may have had accounts created for themselves,lured by the insurance covers and overdraft facilities.
This form of overdraft protection is available to consumers who meet the creditworthiness criteria established by the bank for such accounts.
US Bank also offers 25 free cash deposits each month,remote check deposit and easy integration to overdraft protection or credit card processing services for your business.
Tata Capital offers Personal Loan Overdraft facility with the flexibility to withdraw funds as per your need and pay interest only on the utilized amount.
Accordingly, holders of current/ overdraft/ cash credit accounts, which are operational for the last three months or more, may withdraw up to₹ 50000 in cash, in a week.
Accordingly, holders of current/ overdraft/ cash credit accounts, which are operational for the last three months or more, may withdraw up to₹ 50000 in cash, in a week.
A consumer who wants an overdraft line of credit must complete and sign an application, after which the bank checks the consumer's credit and approves or denies the application.
Since a substantial portion of banks' revenue comes from overdraft and non-sufficient fund(NSF) fees, it isn't a surprise that financial institutions haven't worked too hard to eliminate them.
A nominal fee is usually charged for each overdraft transfer, and if the linked account is a credit card or other line of credit, the consumer may be required to pay interest under the terms of that account.
However, in respect of advancesaccounts such as cash credit account, overdraft account, the need for continuance or otherwise of these credit facilities and the cheque facility relating to these accounts shall be reviewed by appropriate authority higher than the sanctioning authority.