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OVERDRAFT FACILITY
Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...- FD interest rate up to 8.05% for one year tenure; Know the full list of banks offering high interest rates on FDsFD interest: Fixed deposit interest rate up to 8.05%. General citizens who want to invest in FD for one year can get this high interest rat...
- Is flexi loan or dropline overdraft better than a personal loan and conventional overdraft?Credit line in the form of an overdraft is preferred by many people as it gives them flexibility to repay as per their convenience and keep...
- Home loan overdraft facility: Eligibility, how to avail, documentation, interest rateThe concept of home loan with overdraft facility is gaining popularity as a financial tool.
- 5 main features of overdraft facility5 main features of overdraft facility
- PNB discontinues this FD scheme: Check detailsCustomers of Punjab National Bank, particularly those with accounts in fixed deposit scheme PNB Varshik Aay Yojna, have been informed of th...
- RBI asks banks not to open current accounts for customers having cash credit, overdraft facilitiesIn a notification, the central bank said that rather than opening a new current account, all transactions should be routed through Cash Cre...
- Should you opt for home loan overdraft facility?The borrower should do a cost-benefit analysis to find out whether the benefit of interest-saving through the home loan overdraft account i...
- NPCI launches new-look UPI with overdraft facilityNilekani also touched upon the role of the central bank in spearheading the account aggregation guidelines.
- SBI identifies 7 lakh accounts for providing overdraft facilitySeven lakh loans (taking overdraft) will be provided for personal purposes also, not necessarily for entrepreneurship, she said at the 13th...
- Five smart things to know about overdraft facilityThe sanctioned overdraft limit and the interest charged will vary based on the nature of the asset offered as collateral.
- SBI extends overdraft facility against FD for online customersAs an introductory offer, SBI is charging an interest rate of only 0.5 per cent more than the linked fixed deposit for its online customers.
- Swift banking: SBI overdraft facility goes onlineAs an introductory offer, SBI is charging an interest rate of only half a percent more than the linked FD. If your FD offers you 8.50%, you...
- Jan Dhan Yojana: Existing account holders can claim benefits under the schemeThe benefits would include issuance of RuPay Debit card having inbuilt accident insurance cover of Rs 1 lakh, official statement said today.
- Five smart things to know about bank overdraft facilityOverdraft is a short term loan to meet a sudden requirement for cash. The bank places a limit for the depositor to overdraw the savings acc...
- Federal Bank launches savings account with overdraft facilityPrivate sector lender Federal Bank today launched a premium savings account which has overdraft facility for high-end salary earners.
- No role in the controversy: Corporation Bank CMDMedia reports had stated that Sky Light Hospitality had shown in its balance sheet that Corporation Bank had given to it an overdraft of Rs...
- Q&A: Banking & FinanceCanara Bank is paying interest @9% for 5-year FD and 9.5% to senior citizens. However, on tax-saver FDs they are paying 9% to all, includin...
- ‘Overdraft facility can’t be attached for tax recovery’The taxman does not have claim over the bank overdraft facility of a defaulter since the lender does not owe money, but has promised a loan...
- RBI withdraws overdraft facility to MFsRBI will discontinue the age-old overdraft facility that it has been giving to several mutual funds.
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