Overdraft Loan

Apply for Bajaj Finserv Overdraft Loan

Overdraft Loan
Interest Rate 10% - 30% p.a. onwards
Tenure 108 Months
Processing Fee Upto 3.93%
Loan Amount Upto 55 Lacs
Minimum Income ₹40000
Age Criteria NA
Prepayment 4.74%
Penal 36% PA
Overdraft Loan Documents Required
Identity Proof Passport/ Driving License/PAN Card
Address Proof Passport/ Telephone Bill/ Electricity Bill/ Title Deed of Property/Rental Agreement/ Driving License
Income Proof Latest Salary Slip/Current Dated Salary Certificate with Latest form 16
Age Proof PAN Card/ Passport/ Driving Licence/ School leaving certificate/ Voter's card/ Birth Certificate
Bank Statements Bank statements of latest 2 months/ 3 months bank passbook
Job Continuity Proof Form 16/relieving letter/appointment Letter (for last two months)
Benefits Of Overdraft Loan
Interest only on used amount You only pay interest on the amount you use, not the entire loan amount
Enhanced financial planning You can manage cash flows efficiently and align borrowing with your financial goals
NO EMI BURDEN There is no EMI burden in this product
MULTIPLE TIME USES You can use OD limit multiple time

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