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Get Personal Loan Overdraft upto 40 lacs @9.99%*

Get Personal Loan up to ₹40 Lacs

 

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Personal Loan Overdraft Overview

Personal loan overdraft is different than a personal loan. It is a line of credit that is pre-approved by a bank. If you have taken a personal loan overdraft then you can withdraw your required amount any number of time up to the approved upper limit.

No interest will be charged on the amount that you didn’t use. Salaried individuals can easily apply for this loan. Apply for a personal loan overdraft now and get a quick access to funds for all your emergency needs.

Customers Served icon

10 Lacs+

Customers Served

Google Reviews icon

4.7/5

Google Reviews

Pincodes Serving icon

10,000+

Pincodes Serving

Loans Disbursed icon

2000 Cr+

Loans Disbursed

Benefits and Features of Personal Loan Overdraft

Pay According to Use icon

Pay According to Use

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.

Easy Documentation icon

Easy Documentation

The documents needed for a Personal Loan overdraft are generally taken as quick, straightforward and simplified to offer.

Several Withdrawals Via Online Transactions icon

Several Withdrawals Via Online Transactions

it allows access funds online to meet a required array of personal expenses, as many times as needed.

Transfer Funds Across Accounts icon

Transfer Funds Across Accounts

one can celebrate the freedom to move funds seamlessly across various bank accounts.

Pay All Kinds of Bills icon

Pay All Kinds of Bills

one can utilize the funds to pay various utility bills, multiple credit card bills to manage different payments seamlessly.

Personal Loan Overdraft EMI Calculator

One Lakh

Min ₹100000Max ₹99 L
%
Min 9.99%Max 30%
Min 1 yearMax 7 years
Apply Now
Principal Amount1,00,000
Total Interest10,737
Total Amount1,10,737
Monthly EMI4,614
Principal Amount
Interest amount

Eligibility Criteria for Personal Loan Overdraft

salaried

Salaried Individual

credit-score

A credit score above 700

age

Above 21 yrs and below 58 yrs

income

Minimum monthly income: ₹40,000 in metro cities, ₹x in other cities

experience

Total work experience of at least 1 year

Required Documents for Personal Loan Overdraft

Identity Proof

Identity Proof

Any 1 of the following

  • CheckPassport
  • CheckVoter ID
  • CheckDriving License
  • CheckPAN Card (Mandatory)
  • CheckAadhaar Card (Mandatory)
Address Proof

Address Proof

Any 1 of the following

  • CheckPassport
  • CheckUtility Bill
  • CheckAadhar Card
  • CheckDriving License
Other Docs

Other Docs

Mandatory

  • CheckSalary Slips ( Last 3 months)
  • CheckSalary A/c Bank statement ( Last 3 months)

Personal Loan Overdraft Interest Rates & Charges

Interest Rate9.99%* p.a. onwards
Tenure12 – 72 months
Loan Amountup to ₹50 Lakh
Loan Processing FeesUp to 3% plus applicable taxes
Hidden ChargesNA
Stamp DutyAt actuals (as per state)

FAQs Related to Personal Loan Overdraft