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This query is : Resolved
03 December 2008
Of I am having 50,00,000/- rupees, which i use for construction purpose but right now our project going delay so i think to invest this amount in FD with bank but my friend told me OD with bank facility is better than FD now i cant understand which one is best also tell me by which facility i get maximum return also tax examption....
03 December 2008
FD is better. Waise i didn't got concept of OD
Invest in OD means ?
Bank will gcve you OD facility to withdraw money.
Invest in OD means ?
Bank will gcve you OD facility to withdraw money.
03 December 2008
Bank Overdraft is your Liability while FDs are Assets.. how do you compare the two??
Guest
Guest
(Expert)
14 November 2009
Dont undersatad
how you have compared. Both are different.
one is asset and other is liability
how you have compared. Both are different.
one is asset and other is liability
14 November 2009
OD -- ???????????
bank overdraft is a type of loan, it is not investment tool.
bank overdraft is a type of loan, it is not investment tool.
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