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Overdraft (OD)

Explore overdraft (OD) information and submit an enquiry.

Clear information Simple online enquiry No obligation to proceed
Explore Overdraft (OD)
Loan terms and approval depend on the lender.
Know the basics

About Overdraft (OD)

An overdraft facility lets you use funds from an account up to a sanctioned limit. Interest is generally charged on the amount used. Security requirements and terms depend on the lender.

Common uses

  • Managing short-term cash flow
  • Working capital gaps
  • Meeting urgent expenses
  • Other uses permitted by the lender

Eligibility factors

  • Banking relationship and account history
  • Income or business turnover
  • Credit history
  • Security, if required by the lender
  • Existing obligations

Possible documents

  • Identity and address proof
  • Bank statements
  • Income or business proof
  • Security documents, if applicable
  • Any other document the lender requests

Factors to consider

  • Sanctioned limit
  • Interest on the amount used
  • Fees and charges
  • Renewal and review terms

General information only; this is not a lender offer. Eligibility, interest rates, fees, amounts, tenure and approval are decided by the lender and vary by applicant. Submitting an enquiry does not guarantee a loan.

Plan your monthly instalment

Use the EMI calculator for an estimate. Actual terms are set by the lender.

Monthly EMI
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Total Interest Payable
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Total Repayment Amount
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Results are estimates only. The interest rate shown is an example you can change; it is not an actual lender offer. Actual EMI depends on the lender's approved rate, fees and terms.