
The overdraft amount depends upon the person’s salary amount. And the interest rate starts from 10% per annum.

Loans: Working capital loans are a sort of small business loan used to overcome a business's daily cash flow constraint

An overdraft facility is short-term pre-approved loan offered by banks and financial institutions that are granted banking rights by the central bank

You don’t have to withdraw money or break the FD. It remains as it is. It is merely pledged to the bank

Overdrafts allow you to continue withdrawing from your savings or current account even after your balance is zero