Interested to Buy Any Domain ? << Click Here >> for more details...
Define bank Overdraft
- 5 Answers
- 11080 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / masif130289
when you withdrawl money from your account if balance is
zero. Some banks give facility of overdraft to their
valuable customers to withdrawl the money whether balance
is zero.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / dj
When withdrawals are more then the deposited amount in our
account,there arises the case of Bank-overdraft.Its shows
credit balances and is shown as minus balance.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / yashu kaushik
Overdraft means overdrawn from bank. Customer may avail
the facility of overdraft through his/her current a/c for
the business purpose. Different banks have set out some
minimum requirment to avail the facility, despite that bank
charges some amount in the form of intrest from the
customer.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ramesh.t
over draft means bank will provide excess amount out of
limits in account
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ravinder rana k.c.c. bank
overlimit amount is overdraft
| Is This Answer Correct ? | 1 Yes | 0 No |
what is repo market?
what is cash flow and funds flow? Difference between cash and funds flow? methods of cash flow
46 Answers ASL, Capital IQ, Dharshini Impex, HSBC, TISS,
whether cash book is a subsidiary book?
what is meant by qurum
Expand---------TDSR
Authorised sharecapital is 20000,issued capital is 15000 shares and treasury stock is 3000 calculate the outstanding shares?
4 Answers DataMonitor, FactSet Systems,
Expand---------TMG
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.
what is closing stock & gross profit? purchase is 1387508 rs & sale is1311980rs
classify the following into personal,real,nominal a/c-capital interest, purchase,drawing,sales return,outstanding rent,bills payable,club a/c, bill's receivable,bills payable,salary
what is diffarant tds and incometex.
example: thing that u have order 100 goods from the vendor, and he delivered only 80 goods,but he invoice u for 100 goods, then what will be u doing in this suitation?
Audit 
