Flexi Overdraft Loan
Flexi Overdraft up to ₹2 Crore — Pay interest only on usage
A revolving credit limit that you can withdraw and repay multiple times. Interest is charged only on the utilised amount, saving you up to 60% compared to a regular term loan.
Starting Rate
12.50% p.a.
Max Amount
₹2 Crore
Tenure
Up to 60 months
Lenders
Compare Flexi Overdraft Loan Offers from Leading Banks & NBFCs
All rates and terms are indicative. Final approval and offers are at the lender's discretion.
Bajaj Finance Ltd
RBI Registered Lender
Indicative
Interest Rate
13.00% – 18.00%
Max Amount
₹1 Crore
Tenure
12 – 60 months
Kotak Mahindra Bank
RBI Registered Lender
Indicative
Interest Rate
12.50% – 18.00%
Max Amount
₹2 Crore
Tenure
12 – 60 months
Tata Capital
RBI Registered Lender
Indicative
Interest Rate
13.50% – 18.00%
Max Amount
₹1 Crore
Tenure
12 – 60 months
Aditya Birla Finance
RBI Registered Lender
Indicative
Interest Rate
13.50% – 19.00%
Max Amount
₹2 Crore
Tenure
12 – 60 months
Key Benefits
- Interest only on utilised amount
- Withdraw & repay multiple times
- Limits up to ₹2 Crore
- Flexible tenure
- No part-payment charges
- Convert to EMI anytime
Features
- Credit limit ₹1 Lakh to ₹2 Crore
- Interest from 12.50% on usage
- Auto-renewal annually
- Repay flexibly
- Top-up & enhancement available
Eligibility Criteria
- Salaried (₹40,000+) or Self-Employed / Business
- Business vintage 2+ years (for SE/Business)
- Age 23-65
- CIBIL 720+
Documents Required
- PAN & Aadhaar
- Salary slips / ITR last 2 years
- Bank statements 6-12 months
- Business proof (if applicable)
Plan ahead
Flexi Overdraft Loan EMI Calculator
₹5.00 L
₹50,000₹1.00 Cr
11.00%
628
36 months
684
- Interest
- Principal
Monthly EMI
₹16,369
Total Interest
₹89,297
Total Payment
₹5,89,297
FAQs