Manage Business Cash Flow with Overdraft Limit
Get access to additional funds for your business. Pay interest only on the amount you actually use.
Quick
Overdraft
Approval
Interest Rate
9.00% p.a*
Minimum
Annual
Charges
Get access to additional funds for your business. Pay interest only on the amount you actually use.
Quick
Overdraft
Approval
Interest Rate
9.00% p.a*
Minimum
Annual
Charges
Fill out the details, and we’ll find the best OD options for you. dxdf
Access short-term funding to manage business expenses without fixed repayment terms or EMI-based structure.
Flexible Withdrawals
Withdraw funds as needed from your approved limit to handle daily business operations & requirements.
Interest on Usage
Interest is charged only on the withdrawn amount, not on the entire sanctioned overdraft limit.
Revolving Credit
Repaid amounts become available again, allowing repeated access to funds without applying for fresh loan.
No Fixed EMI
No monthly instalments required; repay based on available cash flow and usage over the loan period.
Short-Term Funding
Covers immediate business needs like inventory, utility bills, wages, or supplier payments during cash shortfalls.
Business Continuity
Maintains working capital availability during seasonal dips ensuring smooth business operations.
| Document Type | Indian Resident | Non-Resident Indian (NRI) |
|---|---|---|
ID Proof |
PAN, Aadhaar, Passport, Voter ID |
Passport with visa or OCI/PIO card |
Address Proof |
Utility Bill, Rent Agreement, Aadhaar |
Government-issued overseas address proof |
Business Documents |
Registration, GST, ITR, PAN, CA-certified statements |
Similar documents + attestation as required |
Financial Statements |
ITR (last 2 years), P&L, Balance Sheet, Bank Statements |
Overseas Income Proof, Indian Bank Statements (NRE/NRO) |
Loan Requirement Documents |
Overdraft Request Letter, Working Capital Gap Statement |
Overdraft Request Letter, Business Justification |
Power Of Attorney |
Not Required |
Mandatory if applicant is outside India during processing. |
Loan Offers Available
Years Of Experience
Extra Charges
Banks Associated
Check Your
Eligibility
Fill in basic details and we’ll show you the best loan offers from multiple lenders.
Compare Overdraft
Choices
Review proposals and rates from banks and NBFCs to identify the best financing option.
Submit Necessary
Documents
Submit your KYC, financial statements, and business papers securely for validation.
Receive
Approval
Lenders assess your application and issue an official sanction letter with loan conditions.
Sign The
Agreement
Review the final agreement, sign digitally or physically, and activate the credit line.
Withdraw
Money
Overdraft limit is activated in your bank account for immediate or future use.
Discover how our overdraft limit helped our clients manage cash flow, seize opportunities, and stay financially active during crucial moments.
Securing a higher overdraft limit at such a competitive rate was a game-changer for my business. Highly recommend BankEMI for their efficient and transparent service!
Amit Dhindsa
Sugar Mill Owner
Thanks to the team of BankEMI, I got an excellent rate on my overdraft limit, which has significantly eased my cash flow. Exceptional service and support throughout!
Shruti Gagan
Interior Designer
BankEMI’s detailed approach helped me understand my options and secure a fantastic rate on my overdraft. Now, I'm managing my finances better than ever.
Shreya Palikar
Lawyer
I was amazed at how quickly BankEMI managed to secure a higher overdraft limit for me at the best possible rate. Their expertise is unmatched!
Gajodhar Sharma
Restaurant Owner
Great experience! I received a personalised service and the best rate for my overdraft limit. It’s refreshing to work with such a dedicated team.
Varnika Rao
TV Actor
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