Overview
Overdraft & Cash Credit facilities for smooth business operations
Overdraft (OD) and Cash Credit (CC) are flexible credit facilities that provide businesses with instant access to funds for working capital requirements. Unlike term loans, you only pay interest on the amount you actually use, making it a cost-effective solution for managing day-to-day expenses, inventory purchases, and business operations. These facilities offer a pre-approved credit limit that you can draw from and repay as needed.
Why Choose Us
Flexible credit solutions for smooth business operations
Interest charged only on the amount you utilize, not the entire limit.
Withdraw funds anytime you need without prior approval.
Repay and re-draw funds multiple times within the limit.
Flexible repayment based on your business cash flow.
Get credit facility up to ₹50 lakhs based on your business.
Manage cash flow gaps and maintain smooth operations.
Quick Application
Fill out the form below and our team will contact you within 48 hours
Eligibility
Check if you meet the requirements for our od cc facility
Essential requirements to qualify
All business entities - Trading, Manufacturing, Services
Minimum 2 years in operation
Between 25 to 65 years
720+ for better rates and higher limits
Financial criteria you need to meet
Minimum ₹15 lakhs per annum
Consistent profitability for last 2 years
Active current account with good banking
Last 12 months current account statements
Apply now and get instant approval
Documentation
Keep these documents ready for quick processing
Aadhaar, PAN, Passport
Registration / Partnership Deed
Balance Sheet, P&L, ITR for 2 years
Last 12 months current account statements
Last 12 months GST returns
Current inventory/stock details
Features & Benefits
Discover why thousands choose us for their financial needs
Pay interest only on withdrawn amount, not full limit
Immediate access to funds whenever needed
Repay and reuse as per your business cycle
No fixed monthly installments required
Perfect for managing seasonal cash flow
Get OD/CC facility approved within 7 days
More Options
Discover our complete range of financial products and services tailored for you
Success Stories
Real testimonials from businesses using our OD/CC facilities
"Got OD/CC facility for our trading business. The flexibility to withdraw and repay as needed helped manage working capital efficiently. The interest on usage-only feature saved us money. Great facility!"
"Using OD/CC facility for our seasonal business needs. The instant liquidity feature is perfect for managing cash flow during peak seasons. Kalakal Enterprise provided excellent support. Highly satisfied!"
"Secured OD/CC facility for our manufacturing unit. The flexible credit limit and easy access to funds helped us manage inventory better. The team was very professional. Excellent service!"
Apply for OD/CC facility and manage your cash flow efficiently. Fast processing, flexible limits, pay interest only on used amount - Manage your working capital.
OD/CC FAQs
Find answers to commonly asked questions about overdraft and cash credit facilities.
Contact UsOverdraft is linked to your savings/current account allowing you to withdraw beyond your balance up to a limit. Cash Credit is a separate account with a sanctioned limit where you can deposit and withdraw funds. Both charge interest only on utilized amounts.
Interest is calculated daily on the outstanding balance (amount actually utilized). You're charged only for the amount and number of days you use the facility, making it very cost-effective for managing working capital.
OD/CC credit limits range from ₹1 lakh to ₹50 lakhs based on your business turnover, profitability, banking track record, and collateral provided. Higher limits may be available for well-established businesses.
For smaller limits (up to ₹5-10 lakhs), collateral may not be required for businesses with good credit history. Higher limits typically require collateral like property, inventory, or book debts as security.
Yes! OD/CC is a revolving credit facility. You can withdraw, repay, and re-draw funds multiple times within your sanctioned limit. This flexibility makes it ideal for managing business cash flow fluctuations.