Overdraft Limit

An Overdraft Limit is a flexible credit facility that allows individuals or businesses to withdraw more money than their account balance, up to a pre-approved limit. It’s designed to help manage short-term cash flow gaps, cover urgent expenses, or maintain business operations without disruption.

With an overdraft, you pay interest only on the amount utilized, not the entire sanctioned limit — making it a cost-effective financing option. It’s ideal for business owners, professionals, and salaried individuals who need quick access to funds for working capital, stock purchase, or emergency requirements.

Key Features:

• 💳 Flexible Credit Access: Withdraw funds anytime within the approved limit.

• 💰 Interest on Usage: Pay interest only on the amount you use.

• 🕒 Revolving Facility: Reuse the limit as you repay.

• 📈 Improves Cash Flow: Ideal for managing day-to-day business expenses.

• 📄 Minimal Documentation: Quick approval and simple process.

• 🔒 Secured or Unsecured Options: Avail against property, deposits, or income proof.

The Overdraft Limit facility offers complete financial flexibility — ensuring liquidity, convenience, and control over your funds when you need them most.