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Overdraft facility News
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Banks like SBI and ICICI Bank, among others, are offering overdraft facility.
Customers of the bank can avail an advance of up to three times of their monthly salary in times of crisis by using the banking service.
The service is provided to salaried individuals who have a salary bank account with the bank.
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A personal loan provided to the borrower without any collateral or security.
Overdraft Limit is also a type of personal loan with different features.
Banks also offer loan on credit cards.
)
Banks like SBI and ICICI Bank, among others, are offering overdraft facility.
Customers of the bank can avail an advance of up to three times of their monthly salary in times of crisis by using the banking service.
The service is provided to salaried individuals who have a salary bank account with the bank.
)
Banks have offered 49.39 lakh account holders the overdraft (OD) facility worth for Rs 5,000 crore under the Pradhan Mantri Jan Dhan Yojana (PMJDY), Finance Minister Arun Jaitley said Tuesday.
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