OD Limit or Overdraft Limit is an Instrument or Financial Facility that enables you to withdraw money from your bank account (savings or current), even if you do not have any account balance. Like any other credit facility, the bank levies an interest rate when you avail the overdraft facility. You typically have to pay […]
Banks usually do not entertain application for Home Loan on Unauthorized Property. But, there are certain HFCs / NBFCs that provide Home Loan on Unauthorized Property. What is unauthorized / unapproved Colony ? Generally unauthorized / unapproved colonies are not included in the master plan. Disadvantaged urban middle class and urban poor people live in […]