Overdraft Loans in Rajkot: Compare Interest Rates, Eligibility, and Features
An overdraft (OD) loan is a short-term credit facility that allows you to withdraw more money than what is available in your current account. It can be useful for managing urgent or unexpected expenses like medical emergencies or car repairs. For more details, you can reach out to our financial consultants.
How Do Overdraft Loans Work?
When your account balance goes below zero, instead of paying overdraft penalties, an overdraft loan allows you to borrow the required amount from the bank. You then repay this amount along with interest over a specific period.