An Overdraft (OD) facility allows individuals and businesses to withdraw more money than available in their bank account, up to a pre-approved limit.

Key Benefits:

✔️ Interest charged only on the amount used
✔️ Helps in managing unexpected financial needs
✔️ No fixed EMIs; repay as per cash flow availability

Who Should Apply?

✅ Business owners needing emergency funds
✅ Salaried individuals looking for short-term liquidity
✅ Companies managing fluctuating cash flow