Draw as you need
OD Facility
Overdraft and cash-credit limits that move with your sales
Sanctioned limits on current accounts so you draw, repay, and redraw. Interest is typically charged only on the utilised amount — suited to trading and seasonal cycles.
Amount
Up to ₹5 Cr
Rates from
11.00% p.a.
Tenure
12 months, renewable
Approval
After banking review*
Why borrowers pick this product
- Pay interest mainly on the used portion
- Dropline OD and regular CC structures
- Linked to GST, stock, and receivables
- Annual renewal with a limit review
Indicative lender grid
Compare side by sideFigures are public-range illustrations for planning, not live bank APIs or guaranteed offers.
| Lender | Type | Rate | Amount | EMI / lakh | Processing | |
|---|---|---|---|---|---|---|
| State Bank of India | Nationalized Bank | 8% – 10.5% | ₹5 L – ₹40 Cr | ₹1,992 – ₹2,160 | Up to 0.35% + GST | Enquire |
| Bank of Baroda | Nationalized Bank | 8.15% – 11.2% | ₹10 L – ₹10 Cr | ₹2,001 – ₹2,180 | Up to 1% | Enquire |
| Canara Bank | Nationalized Bank | 8.15% – 11.9% | ₹5 L – ₹5 Cr | ₹2,001 – ₹2,200 | Up to 0.50% | Enquire |
| HDFC Bank | Private Bank | 8.35% – 14.5% | ₹50,000 – ₹10 Cr | ₹2,015 – ₹2,370 | Up to 1% or as advertised | Enquire |
| ICICI Bank | Private Bank | 8.4% – 15% | ₹50,000 – ₹5 Cr | ₹2,018 – ₹2,400 | Up to 2% | Enquire |
| Axis Bank | Private Bank | 8.5% – 16% | ₹50,000 – ₹5 Cr | ₹2,025 – ₹2,450 | Up to 1.5% | Enquire |
| IDFC FIRST Bank | Private Bank | 8.85% – 18% | ₹1 L – ₹5 Cr | ₹2,050 – ₹2,550 | Up to 2% | Enquire |
Cash credit
Limit against inventory and receivables, reviewed against monthly stock statements.
Dropline OD
A reducing overdraft that still lets you operate like a current-account limit.
Ad-hoc peak
Festival or tender peaks can be covered with a temporary excess, subject to bank policy.
Eligibility
- Operating current account with visible credits
- GST-registered business preferred
- Stock / book-debt statements where asked
- Promoters with a clean repayment record
Documents
- KYC and entity papers
- 12–18 months banking and GST returns
- ITR of the firm and promoters
- Stock, debtors, and creditors if CC/OD is stock-based
FAQs
Usually on daily utilised balances. Unused limit still has a commitment fee on some schemes — we flag this before you sign.
