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Flexible Credit for Dynamic Businesses.

A multipurpose overdraft facility to manage your business cycles with ease and speed.

Product DescriptionTheVyapar Overdraft is a premier working capital solution designed for traders, small businessmen, and service providers who require immediate access to funds. Unlike traditional loans, this facility gives you the flexibility to withdraw money as needed and pay interest only on the amount utilized. It is the perfect financial tool for managing short-term mismatches in cash flow, seasonal inventory spikes, or sudden business opportunities.

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  • Purpose: To meet the working capital requirement of your business.
  • Nature of Facility: Fund-based Overdraft (Renewable annually).
  • Loan Amount: Rs. 10,00,00,000 (Maximum)
  • Security: Primary ā€“ Current Assets /Collateral: Immoveable Property/ies
  • Eligible Entities: Any Business Entity {Proprietorship, Partnership, Pvt Ltd Company etc.} as well as small traders.
  • Financial Health: Satisfactory repayment capacity and credit history.
  • Property Ownership: The property offered as security must be owned by the business entity, its partners, or directors.
  1. KYC Documents: PAN, Aadhaar, and Address Proof of the entity and its promoters.
  2. Business Proof: GST Certificate, Udyam Registration, and Shop & Establishment License.
  3. Financials: Audited Balance Sheets and P&L statements for the last 3 financial years.
  4. Property Documents: Copy of the title deed, latest tax receipts, and approved building plan.
  5. Bank Statements: Last 12 months' statements of the existing primary business account.
  6. Stock Statement : Detailed Stock Statement, Age wise list of Debtors and Creditors to be obtained on yearly basis (i.e Stock Statement as on 31st March of preceding year to be submitted on or before 15th April on yearly basis) from Businessmen and latest Stock Statement, Age wise Debtors, Creditors List to be obtained during Annual Renewal/Review
  • How is the interest calculated?
    Interest is calculated on the daily diminishing balance of the amount actually utilized, not on the entire sanctioned limit.
  • Can I use this for non-business purposes?
    No, the funds must be utilized strictly for legitimate business requirements as per the sanctioned terms.
  • Is there an annual review?
    Yes, the Overdraft facility is subject to an annual review where the bank assesses the account performance and financial health before renewal.

  • Purpose: To meet the working capital requirement of your business.
  • Nature of Facility: Fund-based Overdraft (Renewable annually).
  • Loan Amount: Rs. 10,00,00,000 (Maximum)
  • Security: Primary ā€“ Current Assets /Collateral: Immoveable Property/ies

  • Eligible Entities: Any Business Entity {Proprietorship, Partnership, Pvt Ltd Company etc.} as well as small traders.
  • Financial Health: Satisfactory repayment capacity and credit history.
  • Property Ownership: The property offered as security must be owned by the business entity, its partners, or directors.

  1. KYC Documents: PAN, Aadhaar, and Address Proof of the entity and its promoters.
  2. Business Proof: GST Certificate, Udyam Registration, and Shop & Establishment License.
  3. Financials: Audited Balance Sheets and P&L statements for the last 3 financial years.
  4. Property Documents: Copy of the title deed, latest tax receipts, and approved building plan.
  5. Bank Statements: Last 12 months' statements of the existing primary business account.
  6. Stock Statement : Detailed Stock Statement, Age wise list of Debtors and Creditors to be obtained on yearly basis (i.e Stock Statement as on 31st March of preceding year to be submitted on or before 15th April on yearly basis) from Businessmen and latest Stock Statement, Age wise Debtors, Creditors List to be obtained during Annual Renewal/Review

  • How is the interest calculated?
    Interest is calculated on the daily diminishing balance of the amount actually utilized, not on the entire sanctioned limit.
  • Can I use this for non-business purposes?
    No, the funds must be utilized strictly for legitimate business requirements as per the sanctioned terms.
  • Is there an annual review?
    Yes, the Overdraft facility is subject to an annual review where the bank assesses the account performance and financial health before renewal.