Overdraft Against Receivables

Overdraft against receivables is a flexible financing facility that allows businesses to borrow funds against their outstanding invoices or receivables. Instead of waiting for clients to clear payments, you can unlock immediate working capital by pledging your receivables as security.

This facility helps businesses manage day-to-day operations, bridge cash flow gaps, and meet urgent expenses without disrupting growth. With an overdraft, you can withdraw funds as needed within the sanctioned limit and pay interest only on the amount utilized.

Overdraft against receivables is especially beneficial for SMEs, startups, and growing enterprises that face delayed client payments but need liquidity to run operations smoothly. Quick approval, minimal documentation, and flexible repayment options make it a reliable solution for sustaining business growth and financial stability.