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Can Using an Overdraft Affect Your Credit Score? How Bank Overdrafts Work in India

calendar_today September 24, 2026 person Shubham domain oolka

Yes. Using an overdraft can affect your credit score when the facility is reported to a credit bureau, especially if you repeatedly use a high portion of the sanctioned limit, miss repayments, or exceed the approved limit. Vineet, 34, from Bengaluru, had a Rs.

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