Share requirement
Clear, professional support at every applicable step.
ABSOLUTE CONSULTANCY SERVICE
Home / Services / Overdraft Facility
Flexible funds, available when business needs them.
Assistance for eligible individuals and businesses looking for flexible access to funds through an overdraft facility.
Overdraft FacilityProfessional assistance since 2013PRODUCT OVERVIEW
What can this loan support?
Assistance for eligible individuals and businesses looking for flexible access to funds through an overdraft facility. We begin by understanding your requirement, eligibility and repayment capacity before helping you explore potentially suitable options.
✓ Working capital gaps✓ Day-to-day operations✓ Short-term cash flow✓ Business contingencies
GENERAL ELIGIBILITY
Who may be eligible?
Exact criteria vary by lender and product. Generally, lenders assess the following:
- Operating business with required vintage
- Satisfactory turnover and banking
- Eligible collateral or unsecured profile
- Acceptable credit assessment
DOCUMENT CHECKLIST
Documents generally required
Final requirements may vary. A lender may ask for additional documents after assessment.
- PAN Card
- Aadhaar Card
- Recent passport-size photograph
- Last 6 months bank statements
- Address proof
- Business registration and vintage proof
- GST returns
- Last 2-3 years ITR and financials
- Existing banking facility details
From enquiry to lender decision.
Eligibility discussion
Clear, professional support at every applicable step.
Document guidance
Clear, professional support at every applicable step.
Application assistance
Clear, professional support at every applicable step.
ENQUIRE NOW
Let's understand your overdraft facility requirement.
Your details are used only to respond to this enquiry and discuss suitable financing options.
Overdraft Facility FAQs
Who can apply for a overdraft facility?+
Eligibility depends on income, employment or business profile, age, credit history, documentation and the respective lender policy.
How much loan can I get?+
The eligible amount is assessed from repayment capacity, existing obligations, credit profile and lender-specific product rules.
What interest rate will apply?+
Rates vary by lender, applicant profile, loan amount, tenure and prevailing market conditions. The final rate is offered by the lender.
How long does approval take?+
Processing time depends on complete documentation, verification and lender procedures. A complete and accurate application may be processed faster.
Does enquiry guarantee approval?+
No. Absolute Consultancy Service assists with options and the application process; final approval remains solely with the lending institution.
NEED HELP?
Email Our Team