Business Loan Overdraft (OD) – Keep Your
Business Cash Flow Always Ready
Working Capital Without Taking a Full Loan
Why pay interest on the entire loan amount when you only need funds occasionally?
With a Business Loan Overdraft Facility, you get a pre-approved credit limit and
pay interest only on the amount you use.
Check Your Eligibility
Features of Business Loan Overdraft
Interest only on amount used
Flexible withdrawals
Flexible repayment
Better cash flow management
Reuse available limit
Who can Apply for Business Loan Overdraft
self-employed individuals and businesses
Minimum 2 years business vintage
Above 21 yrs and below 58 yrs
A credit score above 700
Required Documents for Business Loan Overdraft
KYC Documents
Any of the following
PAN Card ( Mandatory )
Aadhaar Card ( Mandatory )
Passport Size Photo
Business Proof
Any of the following
GST Certificate
Shop Act License
Udyam Registration
Business Registration Certificate
Financial Documents
Current ac bank statement – 1 year
ITR for Last 1-2 Years
Profit & Loss Statement
Balance Sheet (if applicable)
Why Business Overdraft is Better?
Regular Loan
Sanctioned Amount₹30 Lakhs
Interest Charged On₹30 Lakhs
Higher Interest Cost
BEST OPTION
Business Overdraft
OD Limit₹30 Lakhs
Actual Usage₹8 Lakhs
Interest on ₹8 Lakhs Only
Better Cash Flow
Lower Interest Cost
Better Financial Control
Compare the Difference & Save More
Scenario A – Regular Business Loan
Loan Sanctioned₹20 Lakhs
Actual Usage₹5 Lakhs
Interest Charged On₹20 Lakhs ❌
Paying Interest on Full Amount
SMART CHOICE
Scenario B – Business Overdraft
OD Limit Approved₹20 Lakhs
Actual Usage₹5 Lakhs
Interest Charged On₹5 Lakhs ✅
Save Interest on Unused ₹15 Lakhs
Immediate Saving: Interest on unused ₹15 Lakhs is avoided.
Ready to Unlock Flexible Business Funding?
Business Overdraft Limit Up to ₹5 Crores*
Interest Only on Utilized Amount
Flexible Withdrawals & Repayments
Quick Approval Process
Minimal Documentation
FAQs
Frequently Asked Questions
Find answers to common questions related to Business Overdraft and financial services.
01
What is a Business Overdraft Facility?
A Business Overdraft (OD) is a flexible credit facility that allows businesses to withdraw funds
up to a sanctioned limit and pay interest only on the amount utilized.
02
How is a Business Overdraft different from a Business Loan?
Business LoanBusiness Overdraft
Full amount disbursed at onceWithdraw as needed
Interest on total loan amountInterest only on utilized amount
Fixed EMIFlexible repayment
Best for one-time funding needsBest for ongoing working capital needs
The limit depends on business eligibility, turnover, banking profile, and credit assessment.
Typical limits may range from: 💰 ₹5 Lakhs to ₹5 Crores*
05
How is interest charged in an overdraft facility?
Interest is charged only on the amount utilized, not on the entire sanctioned limit. Example
OD Limit: ₹20 Lakhs
Amount Used: ₹5 Lakhs
Interest will be charged only on ₹5 Lakhs.
06
Can I withdraw funds multiple times?
Yes. You can utilize funds whenever required, subject to the available limit and lender terms.
Apply Today with Fast Funding
"Why pay interest on money you don't use?
Get a Business Overdraft and pay only for what you utilize."
