In a personal loan, you are given an amount in a lumpsum. You pay a specified EMI monthly. In an overdraft, you are given a credit limit. You can withdraw as per need, and repay whenever you want.
Personal loan or overdraft: Which one is better for you? MintGenie explains
livemint.com - 19 Feb 2024 08:03
In a personal loan, you are given an amount in a lumpsum. You pay a specified EMI monthly. In an overdraft, you are given a credit limit. You can withdraw as per need, and repay whenever you want.
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