On September 8, 2010No Comments
This borrowing method is known up as the Cash Advance and will be available for you through and through a request put in by you towards the NCSECU. This cash advance will not be actually in the form of cash or anything of that sort that you can have straightforwardly but in the form of a new Bank account opened up in your name. Whenever you have the need to take the cash out of that particular account because you are short of it, then a NCSECU officer have to approve your request so that you can withdraw the same amount from that account.
It is to be noted here that you will as well earn a particular amount of interest through the money in that account but if you withdrew any some of money from that account, that interest will be stopped therein till you repay the money back into the account. There is as well a new feature that you will be informed through SMS if you actually have less money in your account to cover any Cheque that you give in as the payment and you can submit more money in it too.