Overdraft (OD) Facility
Starting at 12% p.a.
A credit line you draw from when you need it — interest only on what you use.
Get a sanctioned limit you can withdraw from and repay any time. Interest is charged only on the amount used, for the days it's used.
- Loan amount
- Up to ₹40 L
- Tenure
- Up to 5 years
- Interest rate
- From 12% p.a.
- Processing fee
- Up to 1% + GST
- Processing time
- 3–5 working days
- Eligibility
- Salaried or self-employed · stable income and banking record · age up to 55
Example
₹5,00,000 over 36 months at 12% ≈ ₹16,607/month
