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HDFC Overdraft is a financial facility that allows customers to withdraw funds exceeding their account balance up to a pre-approved limit. It provides flexibility to manage short-term cash flow needs, ensuring seamless transactions even when funds are low. This service is available for both salaried and self-employed individuals, as well as businesses, with options such as overdraft against a fixed deposit, salary account, or property. Interest is charged only on the utilized amount, making it a cost-effective credit solution. HDFC Overdraft helps in handling emergencies, business expenses,
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