Difference between Cash Credit and Bank Overdraft
Cash Credit is a short-term loan offered by banks for a maximum period of 12 months on renewal basis to the entrepreneurial entities like companies, sole proprietorship, partnership and LLP…
Cash Credit is a short-term loan offered by banks for a maximum period of 12 months on renewal basis to the entrepreneurial entities like companies, sole proprietorship, partnership and LLP…
Overdraft meaning: Overdraft is a facility where an amount prefixed can be used by the user in excess of his/her or any firms available fund in the account maintained. For…
Dropline overdraft and its categories: A dropline overdraft facility is a basically a term loan with the features of overdraft where the borrower can withdraw fund from the current account…