Draw funds anytime you need and repay at your convenience. Pay interest only on what you use — the smarter way to manage business cash flow.
Unlike a term loan, our overdraft facility gives you a revolving credit line. Draw funds as needed, repay when you have surplus, and only pay interest on the outstanding balance — not the full limit.
| Feature | Overdraft | Term Loan |
|---|---|---|
| Withdrawal | Anytime, as needed | One-time lump sum |
| Interest | Only on amount used | On full loan amount |
| Repayment | Flexible | Fixed EMI schedule |
| Best For | Working capital, cash flow gaps | Equipment, expansion, fixed expenses |
| Limit Restoration | Automatic after repayment | Not applicable |