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Overdraft Loan

An overdraft is a loan provided by a bank that allows a customer to pay for bills and other expenses when the account reaches zero. For a fee, the bank provides a loan to the client in the event of an unexpected charge or insufficient account balance.
Age Criteria: Minimum 21 years and maximum 65 years. Bank Account: Applicant should have existing bank account with the respective bank. Income Criteria: Depends on lender. Good CIBIL or credit score shall be an added advantage.