Intermediate Money & Banking

Overdraft

/ˈəʊ.və.drɑːft/ noun

Meaning

an arrangement that lets you withdraw more money than is in your account, up to an agreed limit

हिंदी मेंओवरड्राफ्ट, खाते से अधिक निकासी की सुविधा

“He went into overdraft after paying the rent early.”

किराया समय से पहले चुकाने के बाद वह ओवरड्राफ्ट में चला गया।

Confused with a loan — an overdraft is tied to your existing current account, not a separate borrowed sum.

Written and reviewed by Maninder Thind · Last updated 17 August 2026