Answer 1

Bases	Cash credit	Overdraft facility
Definition	A loan taken in the form of cash by anyone from the bank against some securities is called cash credit.	Commercial banks allow their customers to withdraw an amount from the bank in excess of their balance.
Drawers	Anyone can take a cash loan from banks against some securities.	Only current account holders can avail this facility.
Interest rate charged	They charge higher rates of interest against a cash loan.	They charge minimal rates of interest against an overdraft.