Accountancy, asked by VikashV, 6 months ago

what is the difference between cash credit and overdraft

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Answered by Hemalathajothimani

Explanation:

Cash credit is a short-term business loan. An overdraft facility, on the other hand, is a long-term financial assistance. ... It lets you withdraw money from your account even with zero balance.

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what is the difference between cash credit and overdraft​

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what is the difference between cash credit and overdraft