Unsecured Overdraft Facility

Unsecured Overdraft Facility
for Businesses

Get an Unsecured Overdraft Facility without collateral, subject to lender eligibility. DreamRise Capital helps businesses find suitable funding options.

Quick
Approval

Minimal
Documentation

Competitive
Interest Rates

Flexible Repayment
Options

Loan Amount
₹5 LAKHS TO ₹5 CRORE*
*T&C Apply

Interest Rate

12.5%* Per Annum

Onwards

EMI

Starts At ₹

3,345/Lakh

Processing
Fees

2%* Of Loan Amount Onwards

Loan Tenure

Upto 6 Years

Top Up

After 9 Months

Interest Rate

12.5%* Per Annum

Onwards

EMI

Starts At ₹

3,345/Lakh

Processing
Fees

2%* Of Loan Amount Onwards

Loan Tenure

Upto 6 Years

Top Up

After 9 Months

What is an Unsecured Overdraft Facility?

An unsecured overdraft facility is a flexible credit facility that allows eligible borrowers to access funds up to a sanctioned limit without pledging a specific asset as collateral. It can help manage short-term financial requirements while providing convenient access to working capital.

Flexible Access to Funds

Flexible Access to Funds

Access funds as required within the approved overdraft limit.

No Collateral Required

No Collateral Required

Access an unsecured credit facility without pledging a specific property.

Interest on Utilised Amount

Interest on Utilised Amount

Interest may be calculated based on the amount utilised, subject to lender terms.

Quick Financial Support

Quick Financial Support

Convenient access to additional funds for eligible financial requirements.

Convenient Repayment

Convenient Repayment

Manage repayments according to the applicable facility terms and conditions.

Business Working Capital

Business Working Capital

A flexible funding option for eligible short-term business requirements.

Features & Benefits of a Fast-Approved Unsecured Overdraft Facility

Features:

  • Unsecured Funding – No collateral or property security may be required, subject to lender eligibility.
  • Quick Processing – Faster processing and approval for eligible applicants.
  • Flexible Overdraft Limit – Access funds up to the approved credit limit as required.
  • Pay Interest on Utilized Amount – Interest is generally charged on the amount utilized, as per lender terms.
  • Minimal Documentation – Simplified documentation for eligible businesses.
  • Flexible Repayment – Repay and reuse the available limit within the sanctioned facility, subject to lender terms.
  • Business-Friendly Tenure – Facility tenure and renewal options depend on the lender and applicant profile.

Benefits:

  • Improves Working Capital – Helps manage short-term business cash-flow requirements.
  • Handles Urgent Expenses – Useful for inventory purchases, supplier payments and operational expenses.
  • Better Cash-Flow Management – Provides an additional financial cushion when required.
  • No Fixed-Use Restriction – Funds may be used for eligible business purposes, subject to lender policy.
  • Convenient Access to Funds – Withdraw funds when needed instead of taking the entire amount upfront.
  • Supports Business Growth – Can help businesses manage temporary funding gaps and working-capital needs.

Features & Benefits of a Fast-Approved Unsecured Overdraft Facility

Eligibility Criteria:

  • Indian resident individual, proprietor, partnership firm, LLP, or company
  • Established and operational business with regular turnover
  • Minimum business vintage as per lender policy
  • Satisfactory banking and repayment history
  • Good CIBIL/credit profile, subject to lender norms
  • Adequate income and cash flow to service the overdraft facility
  • Valid KYC, business, and financial documents
  • No major recent defaults or adverse credit history
  • Final eligibility subject to lender/bank/NBFC assessment

Documents Required:

  • PAN Card of applicant/business
  • Aadhaar Card or other valid KYC documents
  • Business registration/proof of business
  • GST Registration & GST returns, where applicable
  • Last 6–12 months' business/current account bank statements
  • Income Tax Returns (ITR) with computation
  • Balance Sheet & Profit & Loss Statement, where applicable
  • Business address proof
  • Partnership Deed / MOA & AOA / Certificate of Incorporation, as applicable
  • Directors/Partners/Proprietor KYC documents, as applicable
  • Existing loan/financial details, if applicable
  • Any additional documents requested by the lender

STEP-BY-STEP PROCESS TO
APPLY FOR A LOAN

🔗

Share Your Requirement

Tell us about your loan requirement and basic financial profile.

👤

Profile Understanding

Our team reviews the information provided to understand potentially suitable funding options.

📋

Explore Suitable Options

We help you understand available options from relevant Banks & NBFCs.

✔️

Documentation & Application

Get guidance on documentation and the application process.

🏦

Lender Assessment

The respective lender evaluates your application according to its policies and credit criteria.

💰

Sanction & Disbursement

After completion of lender formalities, the approved amount is disbursed by the lender.

ELIGIBILITY CRITERIA

  • ♙ Business vintage: Minimum 2 Year*
  • ♙ Minimum turnover: ₹60 Lakhs per annum
  • ⌁ Valid GST, GST Returns & Business Proof
  • ♙ KYC documents of applicant
  • ♙ Bank statement of last 6-12 months

WHY CHOOSE DREAMRISE CAPITAL?

  • ✓ 12+ years of industry experience
  • ✓ Multiple Lending Options
  • ✓ Business-Focused Solutions
  • ✓ Dedicated Support
  • ✓ Expert Guidance

Unlock Flexible
Working Capital?

An Unsecured Overdraft Facility to help manage short-term business needs with greater financial flexibility.

APPLY NOW ☎ +91- 9811723113
FAQ

Frequently Asked Questions

An Unsecured Overdraft Facility is a credit facility that allows eligible businesses to withdraw funds up to an approved limit without providing property or other collateral as security. Interest is generally charged on the amount actually utilized, subject to the lender’s terms.
Business owners, self-employed professionals, traders, manufacturers, and eligible MSMEs may apply, subject to the lender’s eligibility criteria, business vintage, turnover, banking history, and credit profile.
No. An unsecured overdraft facility generally does not require property or other physical collateral. However, approval and terms depend on the lender's credit assessment and applicable conditions.
Once approved, the borrower receives an overdraft limit. Funds can be withdrawn as required within the approved limit. The borrower can repay the utilized amount and may use the available limit again, subject to the facility terms.
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