Overdraft Facility for Financial Flexibility

Access funds when you need them with our flexible overdraft facility - pay interest only on the amount you use

Check Your Eligibility

Overdraft Cost Calculator

Calculate the cost of using your overdraft facility

1 Lakh 5 Lakh 20 Lakh
0 2 Lakh 5 Lakh
10% 14.5% 18%
7 Days 30 Days 90 Days

Your Interest Payable

2,383

For 30 Days

Overdraft Details

Overdraft Limit 5,00,000
Amount Utilized 2,00,000
Interest Rate 14.5%
Daily Interest 79.45

Why Choose Our Overdraft Facility?

Flexible financial solutions for your unpredictable cash flow needs

Flexible Access

Flexible Access

Access funds up to your approved limit anytime without reapplying for a new loan.

Interest on Utilized Amount

Interest on Utilized Amount Only

Pay interest only on the amount you use, not on the entire approved limit.

Easy Repayment

Easy Repayment

Repay whenever you have surplus funds and redraw when you need money again.

Types of Overdraft Facilities

Choose the overdraft facility that best suits your needs

Business Overdraft

Designed for businesses to manage cash flow fluctuations and operational expenses.

Learn More

Home Loan Overdraft

Link your home loan to an overdraft account and reduce your interest burden.

Learn More

Salary Account Overdraft

Get an overdraft limit based on your salary for personal financial needs.

Learn More

Benefits of Overdraft Facility

How our overdraft facility can help you manage finances better

Emergency Funding

Instant access to funds during emergencies without lengthy approval processes.

No Fixed EMI

No fixed monthly repayments - pay interest only on the amount utilized.

Revolving Credit

Reuse the limit multiple times as you repay, making it a continuous source of funds.

Save on Interest

Pay interest only for the period you use the funds, reducing your borrowing cost.

Simple Application Process

Get your overdraft limit approved in just a few steps

1

Check Eligibility

Quick online assessment to determine your overdraft limit eligibility.

2

Submit Documents

Provide basic KYC and income documents for verification.

3

Get Approved

Receive approval with your overdraft limit and terms.

4

Start Using

Access funds immediately through net banking, cheques, or ATM withdrawals.

Ready for Financial Flexibility?

Apply for an overdraft facility today and enjoy instant access to funds when you need them

Apply Now