Business Studies, asked by komaljangale7, 3 months ago

some important service provided by bank overdraft

Answers

Answered by SuryaTrinath

1

Answer:

The two types of bank account overdrafts are authorized and unauthorized overdrafts.

Authorized bank overdraft. With an authorized overdraft, the arrangement is made well in advance between the account holder and their bank. ...

Unauthorized bank overdraft.

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Answered by mohdFahrukh

0

Answer:

1. Overdraft against property. Overdraft facility is offered against your house as collateral.

2. Overdraft facility against Fixed Deposits.

3. overdraft against insurance policy.

4. overdraft against Equity.

5. Overdraft against Salary.

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