Starting from
Interest Rate
A Business Overdraft is a powerful financial tool designed to help business owners access extra funds even when their account balance is zero. With a pre-approved overdraft limit set by your bank or NBFC, you can withdraw funds instantly, ensuring your operations run smoothly without cash flow interruptions. The best part is that you only pay interest on the amount you actually use, making it a cost-effective and flexible financing solution for managing working capital, supplier payments, and unexpected expenses.
Business overdrafts are broadly categorized into two types:
Secured Business Overdraft – This facility is backed by collateral, such as property, fixed deposits, or other valuable assets, allowing you to access higher limits at competitive interest rates.
Unsecured Business Overdraft – This option does not require any collateral, making it ideal for businesses that need quick access to funds without pledging security.
At Networth Advisory, we offer both secured and unsecured business overdraft solutions from top banks and NBFCs in India, with unsecured overdrafts available up to ₹50 Lakhs. Whether you need higher limits through secured options or instant funds through unsecured ones, we provide tailored overdraft facilities to meet your unique business needs, helping you focus on growth without financial stress.
With a collateral-free business overdraft, you don’t have to pledge property or another asset as collateral against the overdraft.
Process of availing a business overdraft
is very straightforward and is simply
a matter of discussing your requirements
with the lender.
Usually, you will be able to arrange a business overdraft online, over the phone or in a branch without any trouble.
You can approach the lender and place a request to increase or decrease the overdraft limit as your business needs change.
The rate of interest on the overdraft facility is charged only on the utilized amount and not on the whole stated amount.
The overdraft facility allows you to repay the amount to the lender, fully or partially, as per your financial condition & preferences and doesn’t enforce any monthly payments.
Get access to funds without pledging business or personal assets.
Withdraw only when you need, pay interest only on the utilized amount.
Fast processing and minimal paperwork to give you immediate access to funds.
Manage seasonal expenses, vendor payments, and urgent business needs with ease.
Repay based on your cash flow, without rigid EMI schedules.
Simplified process with basic documents – easy and hassle-free approvals.
