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Querist : Anonymous

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Querist : Anonymous (Querist)
06 November 2012 What is different btwn cc account and current accounts. And advantages for the same
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CA GAGAN KHARBANDA

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CA GAGAN KHARBANDA (Expert)
07 November 2012 CC account a loan account and Current account a current asset except in case overdraft is withdrawn.
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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2012 Thanks,

I have a one query.

I have A one FD in IOB banK, I wanted to loan against this FD, Then can u suggest me which account should i open for this, CC or Current a/c..Pls suggest
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Santosh Gaikar

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Santosh Gaikar (Querist)
10 August 2016 I think u don't need to open any account. u can apply for demand loan against FD
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 August 2023
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