Overdraft / Term Loan

Overdraft and Term Loan are two types of financial products that businesses can use to meet their funding requirements. Overdraft is a type of revolving credit facility that allows businesses to withdraw funds up to a pre-determined limit, even if there are no funds in their bank account. It is a flexible form of finance that can be used for short-term cash flow requirements. Term Loan, on the other hand, is a loan that is taken for a fixed period of time and is repaid in regular installments over the loan tenure. It is a suitable form of finance for long-term investments or capital expenditure.

We offer Overdraft and Term Loan facilities to businesses to help them meet their financing needs. Our Overdraft facility provides businesses with the flexibility to manage their cash flow effectively and meet their short-term funding requirements. Our Term Loan facility helps businesses finance their long-term investment projects or capital expenditure needs, while providing them with the option to repay the loan in regular instalments over a period of time. Our experienced team of professionals work closely with businesses to understand their financing needs and offer customized solutions that meet their specific requirements.