Debit Interest definition
Debit Interest means the amount of interest (whether Arranged Overdraft Interest, Arranged Excess Interest, Surcharge Interest or Unarranged Overdraft Interest) that You owe Us;
Debit Interest means interest payable on a Debit Balance on Your Account;
Debit Interest means the amount of inter- est (whether Arranged Overdraft Interest,
Examples of Debit Interest in a sentence
The same is explain as below mention table: 01-Jan-21 Customer Use the Limit of Cash Credit / Overdraft Account 100000 31-Jan-21 Debit Interest 1500 15-Feb-21 Customer paid the amount 2000 28-Feb-21 Debit Interest 1500 31-Mar-21 Debit Interest 1700 NPA* * NPA is classified due to Interest Charged in last 90 Days is Rs. 4700 (i.e. 1500 + 1500 + 1700) and Credit are received only is Rs. 2000.
These communications shall contain: (a) the exact time period to which the permitted overdrafts correspond, (b) the date and amount of the amounts that were paid out, (c) the balance and date of the preceding communication, (d) the new balance, (e) the date and amount of repayments, (f) the applied Debit Interest Rate.
More Definitions of Debit Interest
Debit Interest means the amount of interest
Debit Interest means the amount of Arranged Overdraft Interest that You owe Us;
Debit Interest means the amount of Arranged
Debit Interest means the rate of interest accruing to debit balances in the Account.
Debit Interest means the amount of interest (whether Arranged Overdraft Interest or Unarranged Overdraft Interest) that You owe Us; “Direct Debit” means an instruction from You authorising an organisation to collect varying amounts from Your Account so long as You have been given advance notice of the collection amount and dates by the organisation. Direct Debits are only available for Domestic Payments;
Debit Interest means the amount of interest (whether Arranged Overdraft Interest, Unau-