Cash Credit Loan Account vs Bank Overdraft Facility से करें Business आसान
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- เผยแพร่เมื่อ 21 ก.ค. 2024
- Cash Credit Accounts or Bank Overdraft Account Facilities are short-term loans or credit facilities. Let's understand Cash Credit Loans and Overdraft's meaning and how to use these facilities in business or for personal requirements. Sign-up to our new app for discounts and early access: ✔ assetyogi.com/sign-up/
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Bank Overdraft or Bank OD facility is also used in Loan Against FD and Gold Loan.
कैश क्रेडिट अकाउंट या बैंक ओवरड्राफ्ट अकाउंट सुविधा दो शार्ट-टर्म लोन या क्रेडिट सुविधाएं हैं। चलिए कैश क्रेडिट लोन और ओवरड्राफ्ट के अर्थ और व्यवसायों में या निजी आवश्यकताओं के लिए इन सुविधाओं का उपयोग कैसे किया जा सकता है इस बात को समझते हैं।
Time Stamps
00:00 Introduction
01:22 Meaning of Cash Credit
03:52 Meaning of Overdraft
05:55 Secured or Un-Secured
06:55 Type of Account opened
07:48 Purpose of Cash credit and Overdraft
08:27 Maximum Limit sanction
09:55 Duration of Loan
10:56 Interest rate
11:20 Other charges
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In this video, we have explained:
What are cash credit account and overdraft account facility?
Who can use cash credit account and overdraft account facility?
How is cash credit facility different from overdraft facility?
Who can apply for cash credit loan and overdraft loan?
What is the difference between cash credit account and overdraft account?
How to use overdraft account facility for business or for personal requirements?
Is it possible to use cash credit facility for personal requirements?
How does cash credit account work?
For which purposes one can use cash credit and overdraft loan facility?
How cash credit limit gets sanctioned?
How much loan you can get with cash credit and overdraft facility?
What are the interest rates on cash credit and overdraft loan?
कैश क्रेडिट अकाउंट और बैंक ओवरड्राफ्ट अकाउंट सुविधा क्या है?
कैश क्रेडिट अकाउंट और बैंक ओवरड्राफ्ट अकाउंट का उपयोग कौन कर सकता है?
ओवरड्राफ्ट सुविधा से कैश क्रेडिट सुविधा कैसी अलग है?
कैश क्रेडिट लोन और बैंक ओवरड्राफ्ट लोन के लिए कौन आवेदन कर सकता है?
कैश क्रेडिट अकाउंट और ओवरड्राफ्ट अकाउंट में क्या अंतर है?
व्यवसाय के लिए या व्यक्तिगत आवश्यकताओं के लिए ओवरड्राफ्ट अकाउंट सुविधा का उपयोग कैसे किया जा सकता है?
क्या व्यक्तिगत आवश्यकताओं के लिए कैश क्रेडिट लोन का उपयोग किया जा सकता है?
कैश क्रेडिट अकाउंट कैसे काम करता है?
किन उद्देश्यों के लिए कॅश क्रेडिट लोन और ओवरड्राफ्ट लोन की सुविधा का उपयोग किया जा सकता है?
कैश क्रेडिट लिमिट कैसे तय की जाती है?
कैश क्रेडिट और ओवरड्राफ्ट सुविधा के साथ आप कितना लोन ले सकते हैं?
कैश क्रेडिट और ओवरड्राफ्ट लोन पर कितना इंटरेस्ट लगता है?
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Hope you liked this video in Hindi on “Cash Credit Loan Account vs Bank Overdraft Facility”. - แนวปฏิบัติและการใช้ชีวิต
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Best content on Internet on this topic!!! I was exhausted searching for difference between these 2
Sir ka best gi rehta hai. Following him from last 4 months. Aur sb easily smjh b aa jaata hai
If you need over draft facility with best benifits than you can call me 7042285842
Sir you have immense rich knowledge in finance..... And also thanks for spreading enlightenment in finance field ..in india were there is immense less knowledge in finance thus we abstain trap
I am a big fan of AssetYogi ....he has clear my many doubts of finance ...All the best
thanks a lot yogi ji, simple and effective way to understand.
Thank you for appreciating Tracker lover
Thank you sir, i am preparing for bank exam. It is very helpful 🙏
Keep learning Rajkumar :)
Outstanding sir....subcribe krna banta ha....mane bht websites daik liye.ap ki trha kisi ne explain nai kiya.aysa parha diya jaise students samne bate ha or wo questions kr ke ap btate ha
DEAR SIRJI , AAPKA VIDEOS SE MUJHE BAHUT KUCH SEKNEKO MILA HAI AND THANKS FOR THIS, (FROM MUMBAI/MR.SATYA/ACCOUNTANT)
Dear Mukul,
I was trying to find videos related to basics of credit facilities and its different types.
Such a knowledgeable and awesome videos thank u so much sir
सर आप हर एक विडिओ बहोत हि आसान तरिके से समझाते है इसिलिये मैं आपकी हर एक विडिओ देखता हूं
Dhanyawad Prashant :)
Excellent video I have ever see in other Bank related TH-cam, thank you very much sir 🙏
Keep learning 😊
Hi Sir,
Thank you so much! Well, very nicely explained. There is a request if you could please make a video on Cross Default Spread (LIBOR Plus Spread).
Very good and easy explain.
Thank you Dushyant 😊
Thanks with bottom of my heart for your efforts your videos are really enriching
1) CC me quaterly Godown inspection charges lagta hai OD me nahi hai.
2) CC me har mahine stock statment dena padte hai but OD me nahi. Fixed date tak stock statment dena padta hai varna penal interest lagta hai in CC
Thank You So Much from bottom of my heart 💓🙏
Hi Sir, can you upload video on Credit Rating Scales for Short Term and Long Term Borrowings and Credit Score as well.
Bahut acha tarika h sir aapke samjhne ka
Sir, requesting you to make video on these subjects - Global Trade Compliance, CDCS, SEZ, EOU, EHTP, DBK and customs procedures for export and import.
One of best channel for easy understanding of finance concepts.Thank you sir for your efforts.
Thank you for appreciation and support 😊
Overdraft limit is similar to that of cash credit limit difference is in cc bank checks client's stock debtors n receivables monthly and on that basis it provides the drawing power to the client.. Here drawing power varies on monthly basis... Whereas in overdraft limit the limit utilization and requirement is assessed on annual basis.... Both the facilities are use for working capital only
What is processing fees of BANK to open CC account?
Aapne bahut accha knoleg diya h thank u
sir aap mere guru ho aapse boht sikhne mila h . thank u sir
Mohammed Adnan Pathan
Assalamu alykom
Plz ishan llb dekha karu bahut badiya knowledge milega
Can we claim interest subvention in OD?
In Case of CC, this can be claimed.
Plz make video on "should we invest in mutual funds or first pay home loan?"
Kitne easy way me aapne samjhaya .Thank You sir.
Hope it's helpful :)
sirr aapka way of teaching bhtt acha h
Thanks sir, this video was helpful ! ♡
Hi Sir, Please make an video on how to deal with banks to get the Term loan/ WC loan sanctioned for your client. Any important points to keep in mind while dealing with them ?
Thankyou Clear opinion dene ke liye. I am going for OD loan
Very nice explanation sir .
Thank u soo much
It was very useful
Sir u are too good ;i am your's big fan🙋
Very good and simple explanation.i appreciate your effort.
Thank you so much for support 😊
thanks bro... from Nepal🇳🇵😊
Bahut sahi bataya h bhai apne cash credit limat h
Achcha laga sun ke :)
Hi. Thanks for the elaboration! Can you please tell me which category does a credit card belongs to? It should be Unsecured overdraft as per my understanding based on the video, but banks generally open a different account for credit cards too, which is a feature of cash credit! Thank you in advance!
Dear sir, thanks for this very beautiful video.. but I think YOu've missed some points.. 1) CGMFE FEE..: WHICH IS VERY LARGE 2) INSURANCE CHARGED ON THE STOCK : IT IS ALSO VERY LARGE 3) INSPECTION CHARGES : LARGE ALSO .... IT GOES UP TO THOUSAND OF RUPEES
MOREOVER IF THE STOCK AS SECURITY FOR LIMIT IS UNDER PLEDGE. THE GOD OWNS KEEPERS CONVEYANCE IS ALSO ON BORRIWER'SACCOUNT.
2.THE AMC ACCOUNTS MAINTENANCE CHARGES NORMALLY PREVAILING ABOUT RS.1 OR 2 PER ENTRY ARE ALSO CHARGED.
3.CHQEUE BOOK CHARGES
4 LIMIT PROCESSING/& DOCUMENTATION CHARGES
ALL SUCH CHARGES SUMS UP ABOUT 3 TO 5 %IF TOTAL BORROWAL LIMIT DEPENDING UPON SIZE IF LIMIT.FOR LARGE LIMITS THE CHARGES COUNTS LOWER IN%TERMS.
IN SUCH ACCOUNTS THERE ARE ALSO LEVIED CASH HANDLING CHARGES FOR DEPOSITING CASH ABOVE 10 PACKETS OR RS.2 LACS PER DAY WHICH MAY DIFFER FROM BANK TO BANK.
Correct.. Yogi sir should also mention these points... 3 years ago I have taken cash credit loan after watching this video...without knowing these facts.. Yogi sir told in this video @12:34 that we will get a cash credit loan on the basis of our stocks, and if the loan default bank will recover their money by selling our stocks.. that's not true..
also branch manager did not told about this.
so I request to you Yogi sir, Kindly ask some people who have taken these type of loan and then make video.
Nice & Easy Explanation,Thank you Sir.
Very well explained sir...Thank you!
Much needed video for me! :)
Keep learning Akshay :)
Samjane ka tarika 👌👌
Thank you 😊
Your knowledge is blessings for us
Thanks for appreciation :)
Better If you explain operational process starting from origination to closure for assets or any other banking process.. Thanks
Sir interest ki calculation and
Business man / individual kaise interest deposit krega iska ,ek video provide kra dijiye yadi aap kr saktey hain ,,thoda apna valuable time dekar 🙌
How I can finance on agricultural land other than KCC (Kisan credit card)
I think you should have mentioned the exact interest rate
Sir Plzz make a particular video regarding how to find out the charges being deducted by banks on various loans lended by them from their respective websites.....
I liked you like you scanned about CC Limit
Sir, It would be great if you can make some videos on MPBF, Drawing Power ( if LC limits +CC Limits) EPC & PCFC , Derivatives, Swaps and Forward Contracts
you should probably take a course on Caiib
Would love to hear your explain the terms in the annexures of an annual report
Sure! I've noted down your topic suggestion for future videos.
Thank you sir mera problem solve ho gaya
Dear Mukul, could u please confirm what would be the best option for an individual to take personal loan or borrow money from OD account.
Difference b/w loan and advances pe b ek video sir
सर मैं एक जॉब प्लेसमेंट कंसलटेंसी बिजनेस करता हूं इसमें मुझे अक्सर वर्किंग कैपिटल की आवश्यकता होती है लेकिन कोई भी बैंक मुझे केस या क्रेडिट लिमिट की सुविधा नहीं देती है क्या ऐसा कोई सुविधा जिसके अंतर्गत मुझे व्यापार का संचालन करने के लिए रुपया उपयोग के लिए मिलता रहे।
Job placement mera kra do
Hmm apko over draft provide krenge
Sir ur vedio is very nice nolgefull thanks for vedio plz. App uplod karna band mat karna
धन्यवाद 😊 Suresh
Thank you very much Yogi brother for sharing your knowledge and experience with us.
May god give you health wealth and happiness.❤
Clearly explained.
Thank you 😊
Dear Sir,
I submitted Stock Statement at Bank next month 10th to 15th day So Bank of baroda Charge Penal Int. Of last Six month of Rs. 4.6 Lacs So How Can Reverse the Penal Int.
U can mail to them & ask about it. if they couldn't take appropriate action you can go with their credit department, regional Office & HO also
Thank you sir Nice explanation of the cash credit and overdraft
Thanks Yash!
Kindly prepare a best video on "negative lien" mark according NBC or banks
Thank you so much
I hope this will be helpful Yogita :)
Can you tell me sir how can i reduce my cc limit... what's the process
Can u tell me which paper required for cc any gst no. Or any thing repley me plzz
We learn a lot of thinks by your video... Its very much helpful for a banker....we expect that you will make all banking related videos...... from bangladesh...Eastern Bank Ltd (EBL)....
Sir can you explain that if a firm is having the facility of cash credit or overdraft for working capital, can use the fund for investments like FD,RD or any other purpose? Please provide the answer with reference of RBI guidelines and circular.
Bhaiya ap Recruitment samjha sakte hh plz Wednesday exam h
Bhaiya plz
Very good video sir
Sir aap pvt ltd company ko sebi aur share market me le Jane ke liye kya kare is topic par Hindi me videos uploade karye na plz thanks
Thank you and I've noted your topic suggestion.
Hello, sir provided me with an overdraft loan through a fixed deposit. When it expires it will be deducted from my fiexd deposit or some other way. I want to know sir ?
Sir tally cc account under bank occ ma aga ya nahi,what is cleared or uncleared amount in bank cc account,explain journal entry
please tell me what is debit interest capitalised???
Private lenders capitalize interest on loans when you either do not make payments at all or make partial payments. When your interest is capitalized, the interest charges you failed to pay are added into the principal balance of your loan. This increases the total amount you owe.
Last year turnover ka 20% funding hota he cc . Ye bank to bank depends krta he
Brother which banks give easily this facility.. I hv my account with Indusind. They are not giving me this facility
Cash credit limit is not calculated on last year Turnover ,it is calculated on the projected turnover and projected turnover is set on the basis of last year Turnover .
As like in banks DGCA , then how much money is insured in case of mutual funds in case of long term and debt based instruments.
THANKS ALOT SIR FOR CLERIFYING OUR CONCEPT.....KEEP TEACHING US SIR
Sir ,cash credit is a current liabilities?
Yes
It is a secured loan against stock, debtor's or against property
Liability for company.. Asset for bank
yes dear it will count in liabilities of an proprietor.
Kya saving account mai overdraft facility nahi milti ??
No, it is only for current account
Milta hai 2 Lakh se jada MAB maintain karna parta hai
@@sarifalikhan9335 kaunsa bank provide kar raha hai ye?
Thank you so much. Very help full.
Very nice sir, please make video on factoring
Cc me kitna parsent intrest padta h
Reply sir
Depend on repo rate and bank
Thank you Sir
Vry clearly define this topic.
I hope this will be helpful :)
Shubham
Sharma
Sir mera sbi me savings a/c hai...use cc a/c me convert kr skta hu....reply
Nice ...I needed this info ..thanks Asset Yogi..Keep making such videos..
I hope mujhe aapse bahut kuch sikhne milega
Thanks man..Your videos are very helpful... 👍
sir video to kaafi knowledgeable banai h aapne iske bahot bahot dhanvaad sir.. business ke liye cc loan sahi hai ya pmegp loan sahi hoga. please help me sir.
Thanks for Wonderful explanation.
If possible please make video on credit derivatives.
Sir, how does a firm convert it's inventories and receivables into cash credit which is secured?
Great job explaining in simple terms .What will be cheapest option CC or Overdraft against FD or Loan against Debt mutual fund?
What is agriculture over draft limit. How to pay loan amount. Give full detailed video.
What does mean by pay on demand
In cc limit aur overdraft account me intrest kaise calculate hota hai aur account ke liye kya koi charges bhi bank lete hain..?
Hi sir.
Mera ek case credit lone hai. Iska Jo limit hai iss limit ko double karne k liya kiya kare???
sir plz make a video about garnishee order and attachment order....
Sir plz provide videos for how to prepare estimated balnace sheet and what type of concept use to prepare
sir Ager CC limit me time period ke baad pay kre to extra amount pay krna padega ya same rate of interest charge hoga
Thanks SIR ji
sir bahut acha tarika h aap.ka samjanae ka.👌👌👌👌
Thank you 😊
Kya savings account me PPF and sukanya samridhi account par bhi OD facilities mil sakti hai agar ha to kitni
Sir how to decide limit of new CC loans ya enhancement of CC limits with the analysis of 3 years balance sheet current,estimated and projected ?Is it done by turnover method.Please make a video on this topic
Sir mane sbi se 2017 m education le rakhi h 4lakh ki avitk dena start nhi kiya h, kya mujhe subsidy milegi, mera instalment kya hoga??
In case of CC account , At what time of the day, balance is determined to calculate the interest?
Sir mujhe ye btyega ye CC A/C. me mai jtna money withdraw kroonga interest rate usi money ka lgega.
Sir does bank provide online banking facility for OD account in partnership firm?