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HDFC Overdraft is a financial facility offered by HDFC Bank that allows customers to withdraw funds beyond their account balance, providing liquidity during urgent financial needs. It is available against fixed deposits, salary accounts, or business accounts, offering flexibility with competitive interest rates. The overdraft limit depends on the applicantu2019s profile, creditworthiness, and collateral. Interest is charged only on the utilized amount, making it a cost-effective short-term credit solution for individuals and businesses.
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