Bank Overdraft Loan: Flexible Financial Support

A Bank Overdraft Loan offers a flexible way to manage short-term financial needs by allowing you to withdraw more than your account balance. This facility is ideal for covering unexpected expenses, business cash flow management, or emergency funding.

Get Instant Loan in 30 Mins, flexible EMI & tenure, and a 100% online process.

~30 min* Approval & disbursal
Up to ₹25 Lakh Loan amount
100% Digital Paper-light e-KYC
1
Share basics

Name, PAN & mobile — secure & consent-based.

2
e-KYC & eligibility

Instant checks; partner calculate offers and EMI options.

3
Approve & disbursal

Quick verification and funds to your bank account.

Get a Personal Loan upto₹25 Lakh in in 30 Minutes*

100% digital and secure process, 45% lower EMIs starting @ ₹1104/Lakh, Pay interest only on what you use with flexi loan.

Instant e-KYC No collateral Flexible tenure Trusted partner
Approval 2 minutes & Disbursal in 30 Mins*
1+ Million

Happy Customers

Rs. 250+ crore

Monthly Personal Loans Disbursal

Wide Range of 60+

Partner Banks & NBFCs

Support team 500+

Team Size of Experts


Benefit of Bank Overdraft Loan

The following are some advantages of Bank Overdraft Loan :

  • Adaptable use of modest amounts of funds
  • Satisfies pressing financial needs
  • Aids in controlling a business's cash flow
  • Interest is only given on the amount that is used.
  • Reduced documentation
  • NBFCs and banks don't require collateral.
  • Annual revisions to short-term borrowing

Eligibility Criteria of Bank Overdraft Loan

Below are the requirements to be eligible for an overdraft facility:

  • Minimum age required is 21; maximum age allowed is 65.
  • Account: The candidate needs to currently hold an account with the relevant bank.
  • Income Requirements: Vary according to lender
  • An additional benefit will be a high CIBIL or credit score.
  • Existence of businesses varies from bank to bank.

Documents Required for Bank Overdraft Loan

You must have these documents in order to start the Bank Overdraft Loan:

  • Properly completed application and passport-sized photos
  • Identity verification: driver's license, passport, voter ID card, PAN card, and Aadhar card
  • Proofs of address include utility bills (electricity and water), passports, driver's license, and voter ID cards.
  • Age Verification: Valid ID, Class X certificate
  • Bank statement over the previous 12 months
  • Any additional paperwork that the lender requests

Calculate Your EMI Instantly

A Multi-Purpose Loan EMI Calculator helps you estimate your monthly repayment amount before applying for a loan. Whether it’s for education, travel, wedding, home renovation, or business needs—know your EMI and plan smarter.

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Monthly Payable

0 / month

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Breakdown: Principal vs Interest
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Month-Year EMI Interest Principal Balance

Compare the best Personal loan offers

IDFC First Bank
Interest Rate Range
starting at 9.99%
Processing Fee
1%
Max Loan Amount
₹ 1 cr
Tenure Range
6 month to 5 year
Apply
Bajaj Finserv
Interest Rate Range
NA
Processing Fee
NA
Max Loan Amount
NA
Tenure Range
NA
Apply
Tata Capital
Interest Rate Range
10.99%
Processing Fee
0-1%
Max Loan Amount
₹ 35 lacs
Tenure Range
upto 6 Years
Apply
Incred
Interest Rate Range
13.99%
Processing Fee
0-1%
Max Loan Amount
₹ 15 lacs
Tenure Range
1 to 5 years
Apply
Axis Bank
Interest Rate Range
10.49%
Processing Fee
0-1%
Max Loan Amount
₹ 15 Lacs
Tenure Range
1 to 5 years
Apply
TATA FLY
Interest Rate Range
18%
Processing Fee
1% to 3%
Max Loan Amount
₹25,00,000
Tenure Range
1 to 6 year
Apply
Bajaj Growth Location
Interest Rate Range
NA
Processing Fee
NA
Max Loan Amount
NA
Tenure Range
NA
Apply
Fibe
Interest Rate Range
18%
Processing Fee
2%
Max Loan Amount
5 Lakh
Tenure Range
6 to 36 months
Apply
SMFG India Credit
Interest Rate Range
13% onwards
Processing Fee
Up to 5% of the total loan amount + GST
Max Loan Amount
Up to INR 30 Lakh*
Tenure Range
12 to 60 months
Apply
Bajaj SOL
Interest Rate Range
NA
Processing Fee
NA
Max Loan Amount
NA
Tenure Range
NA
Apply
Bajaj Prime Location
Interest Rate Range
NA
Processing Fee
NA
Max Loan Amount
NA
Tenure Range
NA
Apply
Axis Finance
Interest Rate Range
13.0%
Processing Fee
0-1%
Max Loan Amount
₹ 15 lacs
Tenure Range
0 to 3 years
Apply
Finnable
Interest Rate Range
12%
Processing Fee
0-1%
Max Loan Amount
₹ 10 Lacs
Tenure Range
Upto 5 years
Apply
FairCent
Interest Rate Range
9.99%
Processing Fee
0-3%
Max Loan Amount
₹ 10 lacs
Tenure Range
6 months to 3 years
Apply
Upwards
Interest Rate Range
18%
Processing Fee
0-2%
Max Loan Amount
₹ 3 Lacs
Tenure Range
1 to 5 years
Apply
Moneyview
Interest Rate Range
15.96%
Processing Fee
2%
Max Loan Amount
₹ 10 Lacs
Tenure Range
1 to 5 years
Apply
Federal Bank
Interest Rate Range
11.49%
Processing Fee
2.50%
Max Loan Amount
₹ 50 lacs
Tenure Range
1 to 5 years
Apply
Yes Bank
Interest Rate Range
10.99%
Processing Fee
2%
Max Loan Amount
₹ 40 lacs
Tenure Range
1 to 5 years
Apply
Aditya Birla Capital
Interest Rate Range
10.99%
Processing Fee
2%
Max Loan Amount
₹ 50 Lacs
Tenure Range
0 to 7 years
Apply