Over draft limit

Over draft limit

In business, cash flow isn’t always predictable. That’s where an Overdraft Limit comes in handy. At UGMoney Capital, we offer a smart and flexible credit line that lets you withdraw money beyond your bank balance — whenever you need it, and only pay interest on the amount you use.

Perfect for MSMEs, traders, manufacturers, service providers, or professionals, this facility helps cover unexpected expenses like inventory purchases, supplier payments, salary disbursement, or any short-term working capital need.

At Your current account gets linked with a pre-approved overdraft limit, so funds are instantly accessible without fresh documentation every time. It's like having a business cushion that helps you grow without cash crunches.

Our process is completely transparent and paperless. Get a dedicated relationship manager, minimal documentation, and fast disbursal to fuel your business without interrupting operations.

Loan Requirements – Who Is Eligible?

To avail an overdraft limit, you should:

  • Business Type – Proprietorship, Partnership, LLP, Pvt. Ltd
  • Business Vintage – Minimum 1 year preferred
  • Annual Turnover – ₹10 Lakhs+
  • Credit Score – Ideally 650+, flexibility possible
  • Banking Relationship – Preferably with consistent transactions

Why choose over draft limit

  • Credit limit ranging from ₹50,000 to ₹2 Crore+
  • Interest charged only on the amount used
  • Revolving limit — reuse the repaid amount anytime
  • No fixed EMI — repay as per your convenience
  • Tenure of 1–3 years (renewable annually)
  • Available against collateral or unsecured (based on profile)

  • You only pay interest on the amount you use, not the total limit. It’s flexible and cost-effective for short-term business needs.

  • No. There’s no fixed EMI. You can repay the amount as per your cash flow. Once repaid, you can reuse the limit again.

  • Both secured and unsecured overdrafts are available. If your profile is strong, we may offer a collateral-free limit.