Over-limit Amount definition

Over-limit Amount is the Current Balance in excess of the Credit Limit.
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Over-limit Amount. As defined in Section 2.3.
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Over-limit Amount means the over limit amount is the amount utilized over and above the allowed overdraft limit for the account "Marginal Cost based Lending rate’' means the rate so declared by the Bank as its MCLR from time to time and displayed on the notice board of the Bank or website or at the discretion of the Bank, published in newspaper or intimated to the Customer from time to time.
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Examples of Over-limit Amount in a sentence

  • You may only continue to use your Citi Cards after you settle your Overlimit Amount or your total payments have reduced your Relationship Balance to an amount lower than your RL or Account Credit Limit.

  • In case your Relationship Balance exceeds your RL, the balance in excess of your RL will be your Overlimit Amount; this will be indicated separately from your Minimum Amount Due on your SOA.

  • In addition to the minimum monthly payment, you agree to pay any "Overlimit Amount" and any amount past due shown on your statement each month by the due date shown on your Statement.

  • You may only continue to use them after you settle the Overlimit Amount or your total payments have reduced your balance to an amount lower than your RL or Account Credit Limit.

  • Overlimit Amount – The amount by which your Account balance exceeds your credit limit in any Billing Period.

  • You must pay at least the Minimum Amount Due plus the Overlimit Amount, if any, for a particular month.

  • Your Overlimit Amount, if any, is the portion of the Relationship Balance (including unbilled principal on installment transactions, if any) which exceeds your RL or Account Credit Limit.

  • Overlimit Amount - If at any time, the outstanding balance on the Statement of Account exceeds the approved Credit Limits, this Overlimit Amount must be paid immediately.

  • There will be no obligation 45 Page Amounts which are payable immediately • Overlimit Amount - If at any time, the outstanding balance on the Statement of Account exceeds the approved Credit Limits, this Overlimit amount must be paid immediately.