LOANSBAZAAR INDIA | BUSINESS FINANCE
Cash Credit (CC) & Overdraft (OD) Loan in India
Explore secured and unsecured working capital facilities from Public Sector Banks, Private Banks, NBFCs and Small Finance Banks. Compare indicative loan limits, interest rates, tenure, fees and documentation requirements.
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Apply Now Compare Loan Options EMI CalculatorWhat Is Cash Credit (CC) and Overdraft (OD)?
Cash Credit and Overdraft are working capital facilities that can help eligible borrowers manage inventory purchases, supplier payments, receivables and short-term cash-flow requirements. Interest is generally calculated on the utilised amount for the applicable period, subject to the facility agreement and lender terms.
Cash Credit (CC)
Primarily a secured working capital facility against eligible current assets such as stock, raw materials and receivables.
- Business working capital requirements
- Stock and book-debt-based assessment
- Drawing power may apply
Overdraft (OD)
May be secured against FD, property or other accepted security, or unsecured under eligible lender-specific products.
- Flexible access to an approved limit
- Business turnover or eligible salary-based options
- Terms depend on the product
1. Secured CC & OD Facilities
Possible collateral: Fixed Deposit (FD), property/mortgage, raw materials, finished stock and book debts, subject to lender acceptance.
| Category | Lender Name | Facility Type | Loan Amount / Limit | Interest Rate (p.a.) | Standard Tenure | Processing Fee | Apply |
|---|---|---|---|---|---|---|---|
| Public Sector Bank | State Bank of India (SBI) | CC / Asset-Backed OD / OD against FD | ₹10 Lakh – ₹50+ Crore (FD par: FD value ka 90%) | FD OD: FD rate + 1% Stock/Property CC: 8.50% – 12.50% | 12 Mahine (Annual Renewal) | FD: NIL Commercial: 0.35% – 1.00% | Apply Now |
| Public Sector Bank | Bank of Baroda / PNB | Baroda CC / OD against Property / FD | ₹5 Lakh – ₹25+ Crore | 9.00% – 13.00% (FD par: FD + 1% to 1.5%) | 12 Mahine (Renewable) | 0.50% – 1.00% + GST | Apply Now |
| Private Bank | HDFC Bank | Secured CC / Smart Business OD | ₹10 Lakh – ₹15 Crore | 9.25% – 14.00% | 12 Mahine (Renewable) | Up to 1.00% (Min ₹7,500) | Apply Now |
| Private Bank | ICICI Bank / Axis Bank | Working Capital CC / OD against Property | ₹10 Lakh – ₹20 Crore | 9.50% – 14.50% | 12 Mahine (Renewable) | 0.75% – 1.50% + GST | Apply Now |
| NBFC | Bajaj Finserv | Flexi Dropline Loan (Mortgage/Secured) | Up to ₹5 – ₹10 Crore | 10.50% – 16.00% | Up to 12 – 84 Mahine | Up to 2.00% + GST | Apply Now |
| NBFC | Tata Capital / L&T Finance | Loan against Property OD / Working Capital OD | ₹15 Lakh – ₹7.5 Crore | 10.50% – 15.50% | 12 Mahine se 60 Mahine | 1.00% – 2.00% + GST | Apply Now |
| Small Finance Bank | AU Small Finance Bank | Secured CC / Secured Overdraft | ₹5 Lakh – ₹5 Crore (FD OD: Up to 90%) | FD OD: FD rate + 2% Business: 11.50% – 17.00% | 12 Mahine (Annual Review) | 1.00% – 2.00% + GST | Apply Now |
| Small Finance Bank | Equitas SFB / Ujjivan SFB | Secured Working Capital CC | ₹3 Lakh – ₹2 Crore | 12.00% – 18.00% | 12 Mahine (Renewable) | 1.50% – 2.50% + GST | Apply Now |
2. Unsecured CC & Overdraft Facilities
Collateral: NIL for qualifying unsecured products. Assessment may include banking turnover, GST returns, ITR, credit history or salary, depending on the specific product.
| Category | Lender Name | Facility Type | Loan Amount / Limit | Interest Rate (p.a.) | Standard Tenure | Processing Fee | Apply |
|---|---|---|---|---|---|---|---|
| Public Sector Bank | SBI | Clean Overdraft / Salary Package OD | ₹25,000 – ₹2 Lakh | 11.50% – 14.50% | 6 Mahine se 12 Mahine | NIL | Apply Now |
| Private Bank | HDFC Bank | GST OD / Salary Plus OD / Dukandar OD | ₹25,000 – ₹25 Lakh | 15.00% – 18.50% | 12 Mahine (Renewable) | Up to 2.00% (Min ₹1,999 – ₹7,500) | Apply Now |
| Private Bank | Kotak Mahindra Bank | Unsecured Business OD / Working Capital OD | ₹3 Lakh – ₹75 Lakh | 13.00% – 19.00% | 12 Mahine se 36 Mahine | Up to 2.00% – 3.00% + GST | Apply Now |
| Private Bank | IDFC FIRST Bank | Booster Current Account OD (Unsecured) | ₹1 Lakh – ₹15 Lakh | 14.00% – 20.00% | 12 Mahine | 1.50% – 2.50% + GST | Apply Now |
| NBFC | Bajaj Finserv | Flexi Business Loan / Unsecured Flexi OD | Up to ₹55 – ₹80 Lakh | 14.00% – 24.00% | 12 Mahine se 48 Mahine | Up to 3.50% – 4.72% + GST | Apply Now |
| NBFC | Lendingkart / Indifi | Digital Unsecured Credit Line / OD | ₹50,000 – ₹50 Lakh | 15.00% – 26.00% | 6 Mahine se 36 Mahine | 2.00% – 3.00% + GST | Apply Now |
| NBFC | Tata Capital / SMFG India Credit | Unsecured Business Overdraft | ₹2 Lakh – ₹50 Lakh | 14.50% – 22.00% | 12 Mahine se 36 Mahine | 2.00% – 3.00% + GST | Apply Now |
| Small Finance Bank | AU Small Finance Bank | Unsecured via CGTMSE Scheme | Up to ₹2 Crore (CGTMSE-backed) | 13.00% – 18.00% | 12 Mahine (Renewable) | 1.50% – 2.50% + CGTMSE Fee | Apply Now |
| Small Finance Bank | Slice SFB / Jana SFB | Unsecured Working Capital Credit Line | ₹1 Lakh – ₹25 Lakh | 15.00% – 22.00% | 12 Mahine | 2.00% – 3.50% + GST | Apply Now |
Important Renewal & Non-Interest Charges
Annual Renewal Charges
Bank aur SFBs har 12 mahine baad limit renew karne par 0.25% se 1.00% renewal fee charge kar sakte hain.
Commitment / Non-Utilisation Charges
Agar sanction limit ka kam hissa use hota hai (e.g., quarterly average under 25–50%), toh kuch banks unused limit par 0.25% se 0.50% fee le sakte hain.
Over-Limit Penal Charges
Sanctioned limit se upar withdrawal par 18% se 24% p.a. penal interest/charges ka figure aapke supplied data mein diya gaya hai. Actual treatment lender agreement aur applicable rules par depend karega.
Last Updated: 23 October 2026 | Review Note: Interest rates, loan limits, processing fees, eligibility criteria and tenure are indicative and subject to confirmation by the respective lender. Please verify the latest terms before applying.
Documents Required for CC & OD
1. KYC Documents
- PAN card
- Aadhaar or other accepted identity/address proof
- Applicant/promoter photographs if required
- Directors/partners/proprietor KYC
2. Business Documents
- Business registration proof
- GST registration and returns, where applicable
- Udyam registration, if available
- Partnership deed / LLP / company documents as applicable
- Business address proof
3. Financial Documents
- Last 6–12 months' bank statements, as requested
- ITR and financial statements
- Balance sheet and profit-and-loss account, where applicable
- Existing loan details
- Sales, purchase and turnover records
4. Security & Working Capital
- Stock and inventory statements
- Debtors/receivables and creditor details
- Property title papers, if property-backed
- FD documents, if FD-backed
- Valuation and legal documents, if required
The exact checklist depends on the lender, applicant type, facility and collateral. Submit sensitive documents only through verified, secure channels.
Submit Application EnquiryEligibility Criteria
- Business turnover and vintage, or qualifying salary/account history for eligible OD products.
- Banking transactions, cash flow and repayment capacity.
- GST returns, ITR and financial records where required.
- Credit history and existing financial obligations.
- Acceptable collateral and ownership documentation, where applicable.
- Compliance with the lender's policies and product-specific requirements.
CC / OD Interest Calculator & EMI Calculator
Estimate monthly interest on an assumed utilised balance and compare it with an illustrative reducing-balance EMI. A revolving CC/OD facility may not have a standard EMI.
Estimated monthly interest: —
Estimated interest over selected period: —
Illustrative monthly EMI: —
Illustrative total EMI interest: —
Illustrative estimate only. The interest estimate assumes constant utilisation and rate. Actual calculations, fees, taxes and repayment terms may differ.
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Frequently Asked Questions
Is interest charged on the full sanctioned limit?
Generally, interest is calculated on the amount utilised and the period of utilisation. Other fees may apply as per the facility agreement.
Can I get an OD without collateral?
Some products may offer eligible unsecured credit based on business financials, banking history or salary. Availability and approval depend on the lender.
What is the standard CC/OD tenure?
Many working capital facilities are reviewed or renewed annually. Other OD products may have fixed repayment schedules or longer dropline tenures.
Which documents are required?
Typical documents include KYC, business registration, bank statements, ITR, GST returns, financial statements and security documents where applicable.
Can I apply for both secured and unsecured facilities?
You can submit an enquiry for the type of facility that matches your profile. The lender determines which products, security and limits are available.
Does applying through LoansBazaar India guarantee approval?
No. LoansBazaar India facilitates loan enquiries and application assistance. Final eligibility, pricing, documentation and approval are determined by the lender.
Contact LoansBazaar India
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Apply Now Compare Loan OptionsLast Updated: 23 October 2026 | Review Note: Interest rates, loan limits, processing fees, eligibility criteria and tenure are indicative and subject to confirmation by the respective lender. Please verify the latest terms before applying.