Customers Served
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Pincodes Serving
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Get Business Loan Overdraft up to ₹40 Lacs
A business overdraft loan is a sum of money that you require for various purposes, to boost your business growth. The bank will charge you interest only on the used principal amount.
For example, you can pay off vendor bills, capital expansion invoices, labour hiring costs, or any other bills through this loan amount. Banks, NBFCs, and other online lenders offer you a certain period to pay off the loan as per your requirements.
10 Lacs+
Customers Served
4.7/5
Google Reviews
10,000+
Pincodes Serving
2000 Cr+
Loans Disbursed
1 Cr+
Loans Analyzed
Such a facility offers a person to pay interest only on the avail oneself of the amount instead of paying interest on the overall authorized limit.
The documents needed for a Business Loan overdraft are generally taken as quick, straightforward and simplified to offer.
it allows access funds online to meet a required array of business expenses, as many times as needed.
one can celebrate the freedom to move funds seamlessly across various bank accounts.
one can utilize the funds to pay various utility bills, multiple credit card bills to manage different payments seamlessly.
One Lakh
A credit score above 700
Above 21 yrs and below 60 yrs
Minimum 2 years business existence
One ownership is mandatory (residence of office)
Any of the following
PassportVoter IDDriving LicensePAN Card (Mandatory)Aadhaar Card (Mandatory)
Any of the following
Aadhaar CardPiped Gas BillElectricity Bill
Current A/C Bank Statement (Last 1 Year)Income Tax Return(Last 2 Years)Proof of Office AddressProof of Business ExistenceGST Registration CertificateProof of Residence or Office OwnersipAt LoansJagat, we provide ideal business loans easily and effectively without having a tough process of application. The aim is to offer an untroubled process so that no one has to wait for their dream to become a reality. Apply for a loan today!
Scroll Up. Fill in your business details. For example, your email, company name, and DOB.
Fill in your business details. For example, your email, company name, and DOB.
Mention your credit score, PAN number, and salary-related information.
Organise all the documents, like the Aadhaar Card, PAN Card, residential proof, KYC details, and past 3 months' bank account statement. Submit these documents when needed, all digitally.
Compare the offers from 20+ banks and NBFCs before applying for loans.
After successful document verification, your loan will be approved and money will be credited to your bank account within 24 hours.
Scroll Up. Fill in your business details. For example, your email, company name, and DOB.
Fill in your business details. For example, your email, company name, and DOB.
Mention your credit score, PAN number, and salary-related information.
Organise all the documents, like the Aadhaar Card, PAN Card, residential proof, KYC details, and past 3 months' bank account statement. Submit these documents when needed, all digitally.
Compare the offers from 20+ banks and NBFCs before applying for loans.
After successful document verification, your loan will be approved and money will be credited to your bank account within 24 hours.
FAQs Related to Business Loan Overdraft