Economy, asked by CHETHANB, 7 months ago

Mention any two features of overdraft facility.

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Answered by siri6081

Explanation:

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Answered by rrr7397

Features: Banks offer overdraft up to 3 times of current salary of the customer. The facility is offered at minimal documentation and easy-repay feature. Customers are required to pay interest only on the utilised amount with the freedom to repay the amount anytime without pre-closure charges

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