Over Draft / Cash Credit Limit

Online Credit India provides Over Draft and Cash Credit Limit facility services to the SME Enterprises and Small Enterprises segment for working capital in business. This facility available for wholesaler, retail dealers, merchants, builders, small and medium scale manufacturer, online sellers, catering services, tour & travels agencies etc.

Secured – Overdraft (OD) Limit

We provide Secured Overdraft facility to fulfil working capital gap in day to day fund use requirement. This overdraft limit provides on financial and property collateral basis to suit the working capital requirements of the customers on low rate.

Online Credit India believes that every businessman person want to borrow fund on minimum rate, So we arrange Secured Overdraft Facility for working capital.

Key Features & Product Facility

  • Overdraft Limit provided against property like Residential, Commercial, Industrial and Land property.
  • Overdraft limit available from Rs. 20 lakhs to Rs. 100 Cr.
  • Overdraft limit offered for 12 months.
  • Interest only calculated on every day used account closing balance.
  • Interest rate and processing fee will be depending based on the schemes selected by the borrower.



    • Loan Eligibility Criteria

  • Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies can apply.
  • Manufacturers, Service Provider, Traders, Wholesalers, Retailers, online sellers can apply.
  • Minimum 3 Years old business vintage required.
  • Minimum last 2 years turnover 50 lakhs above required
  • Individual’s age limit should be between 21 years to 60 years.

    • * Note: All final terms & condition will be as per selected Bank or NBFC policy.

    Cash Credit (CC) Limit (Secured)

    Online Credit India provides Cash Credit Limit facility for working capital requirement in Business. Cash Credit limit can be use in day-to-day requirement for purchase of raw materials, stores, fuel, payment to labour or power charges etc.

    Cash Credit (CC) is granted against hypothecation of stock such as raw materials, work-in-process, finished goods and stock-in-trade, including stores and spares.

    Key Features & Product Facility

  • Cash Credit available against collateral.
  • Cash Credit Limit available from Rs. 20 lakhs to Rs. 100 cr.
  • Cash CreditLimit will be renew every year.
  • Interest rate and processing fee will be depending based on the schemes selected by the borrower.



    • Loan Eligibility Criteria

  • Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies can apply.
  • Manufacturers, Traders, Wholesalers, Retailers, online sellers can apply.
  • Minimum 3 Years old business vintage required.
  • Latest 1 Year audited turnover required.
  • Individual’s age limit should be between 21 years to 60 years.

    • * Note: All final terms & condition will be as per selected Bank or NBFC policy.

    Unsecured – Overdraft (OD) Limit

    We provide unsecured Overdraft facility to fulfil working capital gap in day to day fund use. This overdraft limit provides only on financial basis to suit the working capital requirements in business.

    Key Features & Product Facility

  • Without any Collateral overdraft Limit.
  • Interest only calculated on every day used account closing balance.
  • Overdraft limit available from Rs. 10 lakhs to Rs. 50 Lakhs.
  • Overdraft limit renew on every year.
  • Interest rate and processing fee will be depending based on the schemes selected by the borrower.



    • Loan Eligibility Criteria

  • Sole Proprietorship Firms, Partnership Firms, Private limited Companies, Public limited Companies can apply.
  • Manufacturers, Service, Traders, Wholesalers, Retailers, Online Sellers can apply.
  • Minimum 3 Years old business vintage required.
  • Latest 1 Year audited turnover required.
  • Individual’s age limit should be between 21 years to 60 years.

    • * Note: All final terms & condition will be as per selected Bank or NBFC policy.

    Please fill loan Inquiry form for any Over Draft / Cash Credit Limit requirement. Online Credit India representative will call within 48 hours after received your inquiry.