Instant Liquidity with
IIFC Capital Overdraft Facility
Bridge your short-term cash flow gaps with a flexible credit line. Pay only for what you use, when you use it—designed for those who demand precision in capital management.
INSTITUTIONAL CAPITAL SOLUTIONS
*T&C Apply. Loans subject to institutional approval and credit assessment.
5.0
Google Rating
STRATEGIC FORESIGHT
What is the Overdraft Facility?
An Overdraft (OD) facility is a revolving credit line provided by IIFC Capital that allows you to withdraw funds up to a sanctioned limit. It acts as a financial safety net, ensuring you never miss an opportunity or a payment due to timing mismatches.
Unlike traditional loans, you are only charged interest on the actual amount utilized for the duration it remains outstanding. It is the ultimate tool for agile business management and high-net-worth liquidity.
Revolving Limit
Access funds repeatedly as you repay, without fresh applications.
Utilized Interest
Interest is calculated daily on the outstanding balance only.
Pay interest only on the amount you utilize, helping you reduce your monthly repayment burden and manage cash flow more efficiently.
Interest-Only EMIs
Enjoy flexible access to funds with competitive ROI, where you pay interest only on the utilized amount. Overdraft Facility helps you maintain better liquidity while keeping your borrowing cost under control.
11.50% p.a.
Day-wise Interest Calculation
Interest is charged only for the period and amount utilized, ensuring you pay for what you actually use — not the entire sanctioned limit.
Unlimited Withdrawals & Deposits
Access funds whenever required and repay anytime as per your financial needs, giving you complete flexibility to manage your working capital.
Zero Part-Payment Charges
Repay the utilized amount at your convenience without worrying about additional part-payment fees, making fund management easier and cost-effective.
Asset-Backed Limits
We provide high LTV (Loan to Value) ratios across a diverse range of asset classes.
Residential & Commercial Property
Fixed Deposits (FD)
Gold & Life Insurance Policies
Stocks & Mutual Funds
Salary & Business Revenue
Unsecured Clean Limits
Eligibility Framework
Applicant Profile
Salaried, Self-Employed, SMEs
Age Bracket
21 to 65 Years
Business Vintage
Min. 3 Years in operations
Credit Score
750+ Recommended
Documentation Checklist
Identity & KYC
– PAN & Aadhaar
– Passport Size Photos
– Address Proof
Financial Data
– 6 Months Bank Statement
– 2 Years ITR Filing
– Profit & Loss Balance
Business Proof
– GST Registration
– Business Incorporation
– Shop & Est. License
Asset Documents
– Property Title Deeds
– FD Receipt Copies
– Demat Statement
Technical Analysis: OD vs. Business Loan
FEATURE |
OVERDRAFT FACILITY |
BUSINESS TERM LOAN |
|---|---|---|
Fund Access
|
As-needed, multiple times
|
One-time lump sum
|
Interest Charged
|
On utilized amount only
|
On full sanctioned amount
|
Repayment
|
Flexible / Bullet repayment
|
Fixed EMIs
|
Duration
|
Renewable annually
|
Fixed tenure (1–5 years)
|
Best For
|
Working capital & gaps
|
Asset purchase & expansion
|
Your Dream Loan is Now on Your WhatsApp.
Frequently Asked Questions
FAQ
Can I convert my OD into a term loan?
Yes, IIFC Capital allows for restructuring options where a portion of your OD limit can be converted into a structured term loan with fixed EMIs, subject to credit assessment and terms.
How is the interest calculated?
Interest is calculated on the daily closing balance of your utilized limit and is typically debited from the account at the end of each month.
What is the renewal process?
OD limits are usually sanctioned for 12 months. Renewal happens automatically upon review of your account conduct and submission of updated financial statements.
