What is the difference between overdraft and cash credit?

Both overdraft and cash credit are really forms of borrowing. The institution allows you to withdraw funds that you do not have a demand claim to, usually in small amounts. The primary differences between these two forms of borrowing is how they are secured and whether the money is lent out of a separate account

Cash Credit is  working capital loan to  firm/ company   where the prime securities are stock and book debts. Drawing power in cash credit loans are decided as per their stock & book debt staments  and their margin

Overdraft is loan provided against prime securities of some financial instruments  and  can be  used for  any purpose by the borrower