No Collateral Required
15% R.O.I
Less Documentation
A business overdraft facility or business OD loan can be taken up by anyone who does not have enough funds in their accounts and facing unannounced expenses. Overdraft facility loans can be a one-stop solution for business owners to quench their financial thirst easily. Get Business Overdraft at 15% R.O.I at the minimal documentation.
Overdraft limit is usually applied by businesses to meet their daily working capital requirements or for individuals who are in need of quick cash.
Citizenship : Individuals should have citizenship of India.
Age: The age of the borrower should be between 23 years-60 years.
Bank Account: Applicant should have existing bank account with the respective bank.
Documents Required for Business Overdraft Facility
1. Duly filled application form with Passport-sized photographs
2. Identity Proof: Passport, Voter ID card, Driving License, PAN card, Aadhar card
3. Address Proof: Utility Bills (Water/Electricity Bills), Passport, Driving License, Voter ID card
4. Last 12 months’ bank statement
Apply for the working capital loan hassle-free with My Mudra. We are offering a swift loan approval process. Get your working capital loan disbursed within a day with the three easy steps mentioned below.
1. Apply for My Mudra Business OverDraft with a click.
2. Get the documentation done online on the portal.
3. Enjoy quick disbursal of your Business OverDraft.