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interest on overdraft & cash credit account

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(Querist)
01 December 2018 Dear Sir,
how to calculate interest on overdraft or cash credit account by bank.it is possible to check calculation without bank software?????
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CA ANUBHAV

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CA ANUBHAV (Expert)
02 December 2018 interest will be calculated on daily basis on closing balance of the day.. you can check such calculation with the help of excel..

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