About Overdraft Loan

Drop lines are overdraft facilities which combine features of both Term Loans and Overdraft Facility. Drop line overdraft can be availed by salaried individuals, self-employed individuals, self-employed professionals, sole proprietorships, partnership firms and private limited companies.

Features of Overdraft Loan

All loans are not created equal, Drop line loan has become a great option for people to use.

Interest charged only on the amount utilized

Minimal documentation and Quick approvals

Attractive interest rates

Overdraft Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Age

21-65 at the end of loan tenure

CIBIL Score

Not required.

Income

1.50L and above

Apply for loan

Now apply for a Drop Line Loan online, All you need to do is provide your details below in application form.