CASH CREDIT(CC) is like a short-term credit card for businesses. It gives them a fixed amount of money they can borrow from the bank as needed, up to a limit. They only pay interest on the amount actually used, and they can repay and redraw funds throughout the loan period, which typically lasts up to a year. This helps businesses cover unexpected costs or manage fluctuating cash flow.

OVERDRAFT (OD) is like a short-term loan from your bank. If your checking account balance runs low, it allows you to withdraw money up to a pre-set limit. This can be helpful for unexpected expenses.