HDFC Overdraft Limit Approval Time: What to Expect
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HDFC Overdraft Limit refers to a financial facility provided by HDFC Bank that allows customers to withdraw funds beyond their account balance up to a pre-approved limit. This short-term credit line is useful for managing cash flow needs, unexpected expenses, or business requirements. The overdraft limit is typically determined based on the account holderu2019s creditworthiness, income, and relationship with the bank. Interest is charged only on the amount utilized and for the duration of usage. HDFC Bank offers overdraft facilities against various collaterals such as fixed deposits.
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HDFC Overdraft Limit Approval Time: What to Expect
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