An unsecured business overdraft gives you a flexible limit for working capital, vendor payments and urgent needs — no collateral, no rigid EMIs.
Starting rate p.a.
Collateral needed
Interest on used amount
*Rates vary by lender, turnover and banking profile.
Customers served
Customer rating
Collateral required
An overdraft lets your business withdraw beyond its account balance up to a pre-approved limit without pledging collateral. Withdraw when you need it, repay when you can.
It works best for recurring, short-term needs like working capital, vendor payments and salaries. Some lenders approve it based on your business profile and banking history, and Networth Advisory compares offers from banks and NBFCs to find the right limit and rate for you.
Lender sets your overdraft limit
You withdraw funds as and when needed
Interest is charged on the used amount
Repay flexibly and reuse your limit
Flexibility your cash flow needs
Get an overdraft limit without pledging any asset or property.
Use the funds whenever you need them, up to your approved limit.
You pay interest only on the amount you actually utilise.
No rigid monthly EMIs repay as your cash flow allows.
Limit options that can be raised or lowered as your business changes.
Easy access to funds for vendors, salaries and short-term needs.
Compare interest on the amount you use against interest on the full limit. Illustration only — actual charges depend on the lender.
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Overdraft
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Term Loan
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Interest charged on
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Best for
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Recurring, short-term cash needs
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The complete process can be done online.
Complete the online application form.
Share your business and banking information.
Provide KYC, business proof and bank statements.
Your business profile and banking history are verified.
Your overdraft limit is set and ready to use.
Do you qualify?
Basic KYC
GST or registration
6 to 12 months
As required by lender
Where businesses use it
Frequently asked questions
A flexible facility that lets your business withdraw funds beyond its account balance, up to an approved limit, without pledging collateral.
Yes. The application is a simple online process, and our advisor will guide you through the lender selection and documents.
Basic KYC (ID and address proof), business proof (GST or registration), 6 to 12 months of bank statements and income proof.
Generally no. An unsecured overdraft is granted based on your eligibility, business profile and banking history.
Your business turnover, banking profile and overall eligibility. Our advisor will compare offers across lenders for you.
Some lenders offer quick approval depending on your eligibility, business profile and banking history.
Networth Advisory is a new-age financial services platform that brings lenders and borrowers together for a seamless and fuss-free loan disbursal experience. We are associated with the reputed Banks and Non-Banking Financial Companies (NBFCs) in the country. We offer competitive and reasonable loan interest rates.
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