Personal Overdraft Loan
Why pay installment for the money lying in your bank account?
We offer Overdraft limit to salaried employees, with on the go cash withdrawal facility. Interest is charged on the cash disbursed only.
But, why should I take an Overdraft facility?
Overdraft facility is like your all-weather friend. It provides credit on the move and doesn't trouble you with interest cost when you do not need it.
So you use it during those tough moments or to celebrate the occasion, as it happens in your life.Get Started
Why Personal Overdraft from us?
This is first such offering for salaried employees in India
It gives you complete control on your day to day cash management
Unrestricted repayment and draw down option
Disbursal or cash transfer to your account within 24 hours
Record your preferred time for Representative Visit
Frequently Asked Questions
What is the minimum and maximum tenure for an Overdraft Facility?
What happens if a customer misses the payment on the due date?
- Credit rating (reporting to Credit Bureau - CIBIL)
- This will have an impact on other credit facilities availed of from NBFC /Banks.
- Bank / NBFC may initiate recovery proceedings to recover the dues apart from the late payment charges