Flexible working capital solutions for your business without collateral. Access funds as you need them and pay interest only on the amount utilized.
Max Credit Limit
Interest Rate
Renewable Annually
Flexible financing solutions designed for growing businesses
Get an overdraft facility without pledging any assets or property as security
Pay interest only on the utilized amount with flexible repayment options
Interest rates starting from 12.5% with minimal processing fees
Facility renewed annually based on your business performance
Funds disbursed within 72 hours of approval
Personal relationship manager for end-to-end assistance
Efficiently manage cash flow gaps and operational expenses
Pay interest only on the amount you actually use, not the entire limit
As you repay, your credit limit is restored for future use
Repay your overdraft at any time without additional charges
Seize opportunities without waiting for traditional loan approvals
Our unsecured dropline OD facility is designed for established businesses with a strong financial track record.
Proprietorship, Partnership, Private Limited, or LLP
Minimum 3 years in operation with profitability
Minimum ₹50 lakhs in the last financial year
ITR for last 3 years, financial statements, bank statements
Minimum CIBIL score of 750 for directors/partners
Get your dropline OD facility approved quickly with our streamlined process
Fill our simple online application form
Submit required business documents
Business and financial verification
OD limit approved within 48 hours
Access funds through your account
Fill out our simple application form and our finance specialist will contact you within 24 hours.
Your information is protected with bank-level security
Get a decision within 48 hours of application
Personal finance manager assigned to your application
Get answers to common questions about our Dropline OD facility
A Dropline Overdraft (OD) is an unsecured credit facility that allows businesses to withdraw funds beyond their account balance, up to an approved limit. Interest is charged only on the amount utilized, not on the entire sanctioned limit.
Unlike a term loan where you receive the entire amount upfront and pay EMIs, a Dropline OD provides a credit limit that you can use as needed. You pay interest only on the amount you use, and as you repay, your available credit is replenished.
The maximum credit limit for our unsecured Dropline OD facility is ₹50 lakhs. The actual limit approved depends on your business turnover, profitability, credit history, and financial health.
The Dropline OD facility is typically renewed annually. We review your business performance and financials before renewal. Consistent repayment and business growth can lead to limit enhancements at renewal.
No, there are no foreclosure or prepayment charges. You can repay the utilized amount at any time without any penalty, reducing your interest burden.
Speak with our finance specialists today to get the right overdraft facility for your business needs.