Overdraft Limit

Get credit score based interest rate

Get the funds you need quickly, bridge the gap for urgent renovations, invest in your future and more.

Instant

Approvals

Guaranteed

Interest rate

8.80%*

onwards

Loan Upto

90%*

of project cost

Features & Benefits

Repayment Period Of 12 Months

Reduce the immediate financial burden as you get to repay borrowed funds within a longer timeframe.

Interest Rate Charged For Funds Used Only

Unlock financial freedom as you only pay interest on the amount you actually use, not on the whole limit.

No Minimum Monthly Repayment

Prioritise other expenses during tight months and focus on larger repayments when your finances allow.

Repay Whenever You Have Money

Get unmatched convenience as you can chip away at your overdraft whenever you have extra cash, even in small amounts.

No Repayment Charges

Saves you money compared to loans that might have prepayment penalties or other repayment charges.

Secured And Unsecured

Choose between collateral and collateral-free overdraft limits that let you have your money your way.

Check Your Loan Eligibility!!!

Check your loan eligibility easily with us. We help you understand your borrowing capacity and effortlessly plan your finances.

Loan Eligibility

Documentation Required

You need to possess all these documents if you want to apply for an Overdraft Limit. Make sure that the documents are authentic and true to your knowledge.

Identity Proof Age Proof Address Proof Business Document
  • Voter ID
  • Driving Licence
  • Aadhar Card
  • Passport
  • Pan Card For Partnership Firms, Individuals And Companies
  • Birth certificate
  • PAN Card
  • Aadhar Card
  • Passport
  • Telephone/Electricity Bill
  • Voter ID, Passport
  • Bank Statement
  • Driving Licence
  • Registered Lease Deed Or Sale Agreement
  • NREGA Card
  • Ownership Proof Of Residence Or Office
  • Business Continuity Proof
  • Copy Of Company’s Pan Card
  • Business Registration Proof
  • Passport Size Photographs
  • Latest GST Returns
  • Bank Statement For The Last 6 Months
  • Latest ITR With Income Computation, B/S, and P&L Account, Certified By A CA (For The Last 2 Years)
  • Sole Proprietor Declaration Or Certificate
  • Partnership Deed Copy
  • Certified Copy Of MOA, AOA And Board Resolution

Hassle-Free Application Process

  • 01
    Check eligibility
    We will help you check eligibility for overdraft limit and bank to see if your account is eligible.
  • 02
    Gather documents
    You need to furnish proof of identity, address proof, and income statements for banks to judge your creditworthiness.
  • 03
    Apply
    You can apply in the way that best suits your interests- online banking, visiting your local branch, or calling customer service. Fill out the application form required by the bank.
  • 04
    Bank assessment
    The bank will assess your creditworthiness based on your financial history, income stability, and existing debts.
  • 05
    Approval and limit determination
    The bank will decide whether to approve or deny your request. If approved, they'll communicate the credit limit, interest rate, and any associated fees.

Streamline with Seamless Calculator

We understand that managing your finances can be a daunting task. That's why e your accounting processes.

Loan amount

₹5,00,000

₹500,00,000

Rate of Interest
%

7%p.a.

15%p.a.

Loan Duration

1 Year

30 Year

12 Months

360 Months

*For representation purpose only. Final values may vary subject to bank’s policy.

Monthly EMI

*

Total Amount Payable

*

Total intrest Payable

*

Empowering Global Dreams Of Business Owners

Discover the success stories of our clients who have propelled their businesses forward with our help. See how our tailored loan solutions have been instrumental in driving business growth and success.

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Understanding Overdraft Limit (specific to the product)

Let us explain to you in simple words what Overdraft Limit is, and the attractive infographics will help you understand it better.

FAQ

Let us clarify your doubts regarding various loans, like home loans, business loans, car loans, and personal loans and give answers about interest rates, terms, and eligibility requirements.

If you can't pay your overdraft by the due date, you'll typically incur fees. The bank may deduct the outstanding amount directly from your bank account.

Overdrafts don't have a fixed repayment schedule like a loan. You don’t need to repay in EMIs, instead, you can repay the amount whenever you like.

Depending on your account and the bank, overdraft can be salary account overdraft, student account overdraft, pensioner account overdraft, home loan overdraft.

Interest on overdrafts is typically charged daily on the amount you've used. The interest rate can be higher than other loan products like personal loans.

Maintaining a minimum balance in your savings or current account for a specific period. Banks prefer a steady source of income , a good credit score, responsible financial behavior, and they might offer better overdraft limits to long-term customers.

Explore Our Personal Loan Options

Need funds quickly? A personal loan offers you the flexibility to manage your expenses with ease. Enjoy hassle-free approval, competitive interest rates, and the freedom to fulfill your dreams today.

Overdraft Limit For Government Employees
Overdraft Limit For Salaried Employees
Overdraft Limit For Women