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About Overdraft
Businesses need cash inflows in time and adequate amount to take care of their daily expenses. Overdraft facility is developed to take care of financial needs of business requirement. Overdraft facility is used to keep a business operating smoothly and meet all its financial obligations within the year.
Overdraft on the basis of banking and GST returns with minimum documentation
Collateral free overdraft facility also available under CGTMSE scheme up to Rs 1 crore
Anywhere Banking facility to ensure ease of operations, collection and payments
Fees and Charges
Competitive interest rates
Competitive processing fees
Transparency in other charges
Benefits
Cater all segments of the business-like Wholesalers, Retailers, Traders, Manufacturers, Service Providers, Contractors, Stockists, Distributors, Educational Institutes, Healthcare Institutes, hospitality and others
Easy loans to first time borrowers
Doorstep service with dedicated Relationship Managers
Minimal documentation
No concept of home branch, anywhere banking with customized CMS offering