Banks Overdraft Fees
A bank overdraft is a type of financial instrument that is provided to pre-qualified customers by the bank and given in the form of an extended credit facility, which comes into effect once the main balance of the account reaches zero.

In other simple words, the bank overdraft is an unsecured form of credit that is mainly used for covering short-term cash requirements.
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Bank Overdraft: Bank Overdraft @9.00% Onwards By Financeseva
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Bank Overdraft: Bank Overdraft @9.00% Onwards By Financeseva

Customers can get an overdraft limit based on their relationship with the bank. Banks charge interest and fees on excess overdrafts.