Overdraft Facility Overview
LoanPao’s Overdraft Facility in India 2025 provides flexible credit up to ₹5 crore at 9%–15% p.a. for businesses and individuals. Withdraw funds as needed, paying interest only on the used amount. Secured against assets like fixed deposits, property, or receivables, LoanPao’s network of 500+ RBI-compliant lenders ensures approvals within 2–5 days via a digital process. Ideal for working capital, cash flow, or emergencies. Explore related options like Merchant Cash Advance or MSME Loan.
Calculate interest with our EMI Calculator or contact us at +91-971-769-5334.
Benefits of Overdraft Facility
Flexible Withdrawals
Use funds up to the approved limit as needed.
Interest on Used Amount
Pay interest only on the withdrawn amount.
Fast Approval
Approvals within 2–5 days.
Secured Options
Backed by fixed deposits or property.
Digital Process
Online application with e-KYC.
Trusted Lenders
500+ RBI-compliant banks and NBFCs.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Applicant Type | Businesses, self-employed, individuals |
| Age | 21–65 years |
| Income/Turnover | Businesses: ₹50 lakh/year; Individuals: ₹3 lakh/year |
| CIBIL Score | 700+ preferred |
| Collateral | Fixed deposits, property, or receivables |
Verify eligibility at CIBIL Login or email info@loanpao.in.
Documents Required
- KYC: Aadhaar, PAN, Voter ID
- Income Proof: ITR (2 years), salary slips (3 months)
- Bank Statements: Last 12 months
- Collateral: FD receipt, property papers, or receivables
- Business Proof: GST registration, business license
Overdraft Facility Details
| Type | Limit | Interest Rate (p.a.) | Collateral |
|---|---|---|---|
| Against Fixed Deposit | Up to 90% of FD | 9%–11% | Fixed Deposit |
| Against Property | Up to ₹5 crore | 10%–13% | Property |
| Against Receivables | Up to ₹2 crore | 12%–15% | Invoices |
How to Apply
- Fill the form below.
- Upload KYC and collateral documents via e-KYC.
- Get approval in 2–5 days and access funds.
Apply now or call +91-971-769-5334.
Compare Providers
| Provider | Interest Rate (p.a.) | Limit | Processing Fee |
|---|---|---|---|
| HDFC Bank | 9%–11% | Up to ₹5 crore | 0.5%–1% |
| ICICI Bank | 10%–12% | Up to ₹3 crore | 0.75%–1.5% |
| SBI | 10.5%–15% | Up to ₹4 crore | 0.5%–2% |
Note: Rates are indicative and subject to change (July 2025).
Why Choose LoanPao?
Wide Lender Network
Compare 500+ RBI-compliant lenders.
EMI Calculator
Plan usage with our EMI calculator.
24/7 Support
Contact us at +91-971-769-5334.
Tips for Application
- Maintain a CIBIL score of 700+.
- Provide clear collateral documents.
- Submit 12 months of bank statements.
- Use our EMI Calculator.