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Od vs cc

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(Querist)
02 August 2014 What's the Main difference between Overdraft account and Cash credit account ?
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Rupesh Jain

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Rupesh Jain (Expert)
02 August 2014 over draft against any security like agst FDR for a limit period at the time of sanction.

CC limit is sanction on basis of your business agast stock and debtors and turnover of the business.

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