Drop Line OD (DOD)

Flexible Overdraft Facility for Working Capital

DOD is a unique overdraft facility where you pay interest only on the amount utilized. Ideal for managing working capital fluctuations and seasonal business needs.

Interest Rate

12% p.a. onwards

Maximum Amount

Up to ₹1 Crore

Tenure

12 - 36 Months (Renewable)

Key Features

Why Choose This Loan?

Pay Only on Usage

Interest charged only on the amount you actually use, not on the sanctioned limit.

Revolving Facility

Withdraw, repay, and withdraw again — like a credit line for your business.

Quick Sanction

Get sanction within 48 hours based on business turnover and financials.

No Fixed EMI

No fixed monthly installments. Repay as per your cash flow convenience.

Entity Specific Documents

Document requirements depend on your business constitution (Proprietorship, Partnership, Pvt Ltd, LLP).

Renewable Limit

Annual renewal with potential limit enhancement based on business performance.

Benefits

What You Get

  • Pay interest only on the utilized amount — not on total limit
  • Flexible withdrawal and repayment as per business needs
  • No fixed EMI burden — cash flow friendly
  • Quick approval with entity-specific documentation
  • Ideal for seasonal businesses and working capital needs
  • Limit enhancement possible on renewal
Get Started Today

Eligibility Criteria

Business Vintage2+ Years
Annual Turnover₹25 Lakhs+
Age22 - 65 Years
Business TypeSole Prop / Partnership / Pvt Ltd
Credit Score700+
DocumentsVaries by Entity Type

*Terms & conditions apply. Eligibility subject to verification.

Ready to Get Started?

Apply now and get approval within 24 hours. Our team will guide you through every step.