Overdraft Loan

A flexible revolving credit line for your business. Withdraw funds as needed, repay anytime, and pay interest only on the amount you use — not the entire sanctioned limit.

11%
Rate Starting
₹5 Cr
Max Limit
1 Yr
Renewable
Pay Only
On Usage

How Overdraft Facility Works

1
Sanctioned Limit

Bank approves an OD limit (e.g. ₹50 Lakh) based on your turnover & credit profile.

2
Withdraw Anytime

Withdraw any amount within the sanctioned limit whenever you need funds.

3
Pay Interest Only on Usage

Interest charged only on the amount withdrawn, not on the total limit.

4
Replenishing Credit

As you repay, the credit becomes available again — truly revolving!

Key Benefits

Revolving Credit

Unlike term loans, OD is revolving — repay and reuse without fresh application.

Interest on Usage Only

Pay interest only on the outstanding balance, not on the full limit — great savings.

24/7 Fund Access

Access your OD account anytime via netbanking, cheque, or ATM.

Annual Renewal

OD limits are renewed annually — simple process with no heavy documentation.

Secured & Unsecured Options

Secured OD against property, FD, or stocks. Unsecured options also available.

OD Interest Estimator

Estimate your monthly interest cost based on your average OD utilization.

Est. Monthly Interest

₹0

Annual Interest Cost

₹0

Effective OD Used

₹0
Apply for OD Facility
Eligibility
Business VintageMinimum 3 years
Annual Turnover₹30 Lakh and above
CIBIL Score700 and above
CollateralProperty / FD / Stock (for Secured OD)
AccountActive current account with bank
Documents Required
PAN Card & Aadhaar (Proprietor/Partners)
Business Registration Certificate
Last 2 years ITR with Financials
6–12 months Bank Statements
GST Returns (if applicable)
Property/FD documents (for Secured OD)
Existing Loan Statements

Free Expert Callback

Fill the form and get expert advice for your loan requirement in 2 hours.

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Best Interest Rates
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Get a Quick Quote

Get Your Business Overdraft Approved!

Flexible OD limits from ₹5 Lakh to ₹5 Crore. Free expert guidance!

Apply Now

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