Overdraft Facility

Overdraft Facility: Flexible Funding for Your Instant Liquidity Needs

Manage your cash flow gaps with ease. Our Overdraft Facility offers you a pre-approved credit limit that allows you to withdraw funds even when your account balance reaches zero. It is the most efficient way to handle short-term financial requirements without the burden of a fixed-term loan.

How the Overdraft Facility Works

Unlike a traditional loan where you pay interest on the entire amount, an Overdraft facility is designed for maximum cost-efficiency:

  • Pay Only for Use: Interest is calculated only on the amount you withdraw and the duration for which it is used.

  • Flexible Repayment: There are no fixed EMIs. You can deposit funds back into the account whenever you have a surplus to reduce your outstanding balance.

  • Instant Accessibility: Once approved, the funds are available 24/7 through your existing current or savings account.

Types of Overdraft Facilities We Offer

We provide customized limits based on the collateral or financial standing you provide:

Facility TypeIdeal ForKey Feature
OD Against Fixed DepositsIndividuals & Small BusinessesInstant limit up to 90% of your FD value at low interest rates.
Business OverdraftSMEs & CorporationsUnsecured or secured limits based on business turnover.
OD Against PropertyLarge Capital NeedsHigh-value limits using residential or commercial property as collateral.
Salary OverdraftSalaried ProfessionalsA small credit cushion (e.g., 2x or 3x salary) for month-end expenses.

✅ Key Benefits of Choosing Our OD Facility

    • No Prepayment Penalties: Unlike term loans, you can clear your balance at any time without extra charges.

    • Multi-Channel Access: Access your OD limit via Cheque book, ATM, Internet Banking, or Mobile App.

    • Renewable Limits: Your limit is typically reviewed and renewed annually, ensuring long-term financial support.

    • Minimal Documentation: For existing customers, the activation process is streamlined and often paperless.

Comparison: Overdraft vs. Personal Loan

FeatureOverdraft FacilityPersonal/Business Loan
Interest Charged OnOnly the utilized amountThe entire sanctioned amount
RepaymentFlexible (No fixed EMIs)Fixed Monthly EMIs
DurationShort-term/OngoingFixed Tenure (1–5 years)
CostCost-effective for frequent needsHigher interest cost over time

Ready to Power Your Cash Flow?

Whether it’s for an urgent business inventory purchase or an unexpected personal expense, our Overdraft Facility ensures you are never out of funds.

options 💡 Why Choose Yonti Finserv:

At Yonti Finserv, we understand that financial needs can arise anytime.
Our Overdraft Facility ensures you never fall short of funds.
Enjoy quick approvals, minimal documentation, and complete control over your cash flow — all with full transparency and reliability.

📋 Eligibility:

  • Salaried and self-employed individuals

  • Business owners with steady income

  • Good credit history

  • Valid KYC and income proof

📲 How to Apply:

  • Fill in our online Overdraft Facility form

  • Upload required documents

  • Get instant approval and start using your overdraft limit

Talk to a Relationship Manager