Sentences with phrase «overdraft facility»

You need to assign the policy to whichever financial institution / bank is giving the loan, following which, you can avail overdraft facilities from that financial institution / bank.

From straightforward overdraft facilities to highly structured complex credit facilities, our experienced credit advisers can provide creative lending solutions and timely responses.

The letter titled» Re: Repayment of Overdraft facility of GhC 1,500,000 Demand Notice» is requesting repayment of a facility that I as Chairman of the 2012 Presidential Campaign Finance Team contracted and Guaranteed for purposes of the elections in 2012.

All types of loan appear in CIBIL including overdraft facility, credit card facility and Cash credit facility, auto loan, housing loan, personal loan etc..

YONO offers a variety of services such as bank account opening in a jiffy, funds transfer, availing pre-approved paperless personal loans, availing overdraft facility against fixed deposits and many more.

In conversations with the bank, they tell Michael that if he signs up some of his employees to their super fund, the bank will reduce the interest rate on Michael's business loan and offer him a new overdraft facility.

Comparing the freebies or incentives on offer with student bank accounts can help you find extras, but these accounts may not have such a competitive overdraft facility.

These have a reduced interest rate (previously LIBOR +325 bps) and a # 1m overdraft facility.

A check overdraft facility is one example of a bank demand loan — if you don't have the money in your account to cover a check, the bank will loan you the money and pay the check, but you are expected to repay the bank quickly, usually with a penalty fee.

The Group has uncommitted working capital overdraft facilities of $ 15.6 m (31 December 2013: $ 15.3 m) with Allied Irish Banks p.l.c..

Karen Vernazza, relationship manager at Lloyds Bank Commercial Banking, said: «Olliers has built a solid reputation in Manchester and further afield for its criminal law services.The short - term overdraft facility has supported the practice in achieving its ambitions.

I have also have SBI Maxgain home loan (overdraft facility with 8.65 %) where I park all savings to save interest.

Lockyer believes selling players may be the most logical approach to fund any investment though there's the alternative of overdraft facilities.

The new overdraft facility has meant that we have the opportunity to invest in key players when they become available on the market.»

One of the Manchester's leading criminal defence law firms has grown its staff by 13 per cent over the past year, and plans to increase its workforce further with the support of a # 75,000 overdraft facility from Lloyds Bank Commercial Banking.

The agreement between the Treasury and the Reserve Bank places strict controls on access to the overdraft facility, as well as imposing a market - related interest rate on the facility.

The Reserve Bank also provides an overdraft facility for the Government that is used to cover periods when an unexpectedly large mismatch exhausts cash balances.

There has been full investment — and a little bit more as well — hence the need for an overdraft facility,» said Jenkins.

March 27 — With West Brom set to announce a predicted year end financial return of about # 40 million in profit, the club's chief executive Mark Jenkins has said that the finances are actually in a poor state and that the club is going to need an overdraft facility, its first for 1o years.

An academy would therefore need explicit approval for any borrowing, both short - term borrowing (including overdraft facilities) and medium / longer - term loans from the private sector (including finance leases or hire purchase agreements), where such borrowing is to be repaid from a government grant or secured on assets funded from government grant.

Having an overdraft facility and a credit card means you get charged monthly fees before you even use them.

Through a combination of 4 credit cards and two overdraft facilities, I can access credit equivalent to more than half my gross annual salary.

: Term Loan and Overdraft facility.

Another option is an overdraft facility where the promoters may overdraw the cash from current accounts as per the terms.

With flexible loans, overdraft facilities, attractive discounts and reward programs, our banking solutions cater to senior, mid-level and junior Army and Navy ranks.

Decide whether you really need to arrange an overdraft facility, or whether there is a cheaper alternative

If your accounts have an overdraft facility, then every open account is classed as available credit which has a negative effect on your credit score.

Depending on both your reason for borrowing, and the amount you want to borrow, you might be better off with A credit card or even an overdraft facility.

When the limit on a credit card or bank account (including any overdraft facility) has been exceeded.

Pay interest only on used amount: Banks give the option of taking an overdraft facility where one has to pay interest only on the utilized amount

Pinsent Masons has nearly tripled its net debt as it increased its overdraft facility by more than # 10m, the firm's accounts reveal.

By linking the FD (one or more) to a savings account, this provision allows the customers to enjoy liquidity and overdraft facility.

The scheme also offers accidental insurance cover of Rs. 1 lakh, a RuPay debit card and overdraft facility.

Now use your overdraft facility offered by Dena Bank against NRE FDs for investment like buying house or plot, vehicle etc

Since banks consider loans of this nature like an overdraft facility against pledging of the insurance policy, it can be more expensive in comparison to the loan provided by life insurance companies.

Credit cards and loan / overdraft facilities will also become possible once Cryptopay achieves full banking status.

Using the various options available, such as levy guarantees, arrear funding, a project loan or an overdraft facility, helps the managing agent immensely in getting the scheme back on its feet and making sure that the maintenance and repairs needed are caught up and kept up to date.