Product Overview
Manage Cash Flow Seamlessly with Overdraft Facility
Jfinserv’s Overdraft Facility provides instant access to funds for day-to-day business needs, allowing you to withdraw money as required and pay interest only on the amount utilized.
- Withdraw funds anytime within approved limit
- Interest charged only on utilized amount
- Ideal for working capital & short-term needs
- Flexible repayment with revolving credit
- Helps manage seasonal cash flow gaps
- Simple documentation & quick approval
Why Choose Our Overdraft Facility?
Financial flexibility when you need it the most
An overdraft facility gives your business instant liquidity to handle operational expenses, bridge cash flow gaps, and respond to opportunities without taking a fresh loan each time.
Reusable Credit Limit
Pay Interest on Usage
Instant Access to Funds
Improved Cash Flow Control
Simple Documentation
Overdraft Facility Benefits
Smart credit support for smooth business operations
On-Demand Liquidity
Withdraw funds whenever required without reapplying for a loan.
Cost-Effective Borrowing
Interest is charged only on the amount utilized, not the entire limit.
Flexible Repayment
Repay and reuse the credit multiple times within the tenure.
Business Continuity
Maintain uninterrupted operations during cash flow gaps.
Quick Processing
Faster approvals with minimal documentation.
Expert Assistance
Dedicated support throughout the overdraft lifecycle.
Eligibility & Documents
Check Overdraft Facility eligibility and documents
✓ Eligibility Criteria
- Applicant must be an Indian resident or eligible NRI
- Stable income or business cash flow required
- Good credit history preferred
- Clear repayment capacity assessed by lender
- Banking relationship impacts approval
📄 Required Documents
- 📋 Duly filled and signed overdraft application form
- 📋 PAN Card of applicant
- 📋 Recent passport-size photographs
- 📋 Identity proof (Aadhaar / Passport / Driving License)
- 📋 Address proof of residence / office
- 📋 Bank statements (6-12 months)
- 📋 Processing fee cheque
✓ Eligibility Criteria
- Applicant must be an Indian resident or eligible NRI
- Stable income or business cash flow required
- Good credit history preferred
- Clear repayment capacity assessed by lender
- Banking relationship impacts approval
📄 Required Documents
- 📋 Latest salary slips (last 3–6 months)
- 📋 Form 16 / Form 26AS
- 📋 Employment ID card or appointment letter
- 📋 Salary account bank statement
✓ Eligibility Criteria
- Applicant must be an Indian resident or eligible NRI
- Stable income or business cash flow required
- Good credit history preferred
- Clear repayment capacity assessed by lender
- Banking relationship impacts approval
📄 Required Documents
- 📋 Income Tax Returns for last 2–3 years
- 📋 Audited balance sheet and P&L statements
- 📋 Business bank statements for last 12 months
- 📋 Net worth statement of promoters
✓ Eligibility Criteria
- Applicant must be an Indian resident or eligible NRI
- Stable income or business cash flow required
- Good credit history preferred
- Clear repayment capacity assessed by lender
- Banking relationship impacts approval
📄 Required Documents
- 📋 GST registration certificate
- 📋 Shop Act / Udyam / MSME registration
- 📋 Partnership deed / MOA & AOA (if applicable)
- 📋 Board resolution for overdraft facility
- 📋 Business address proof
✓ Eligibility Criteria
- Applicant must be an Indian resident or eligible NRI
- Stable income or business cash flow required
- Good credit history preferred
- Clear repayment capacity assessed by lender
- Banking relationship impacts approval
📄 Required Documents
- 📋 Sanction letters of existing loans
- 📋 Statement of existing overdraft / CC limits
- 📋 Collateral documents (if overdraft is secured)
- 📋 Any additional documents as required by lender
Frequently Asked Questions
Get answers to common queries about Home Loans
- KYC documents (identity and address proof)
- Income proof (Salary slips)
- Last 6 months account statements
- KYC documents (identity and address proof)
- Income proof (P & L Statement)
- Last 6 months account statements
- Business proof