Overdraft (OD) Facility for Businesses
An overdraft (OD) facility is a flexible borrowing arrangement that allows businesses to withdraw more money than they have in their current account, up to a specified limit. This facility provides a convenient line of credit that can be used to manage cash flow, cover unexpected expenses, or fund short-term operational needs.
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Affordable Interest Rates:
Starting from 14% to manage operational expenses
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Flexible Tenure:
12 to 48 months for cash flow management
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Credit Flexibility:
Access funds as needed
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No Need for Multiple Applications:
Continuous access to funds within approved limits
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