Overdraft & Cash Credit Limit – Flexible Working Capital Solutions
Running a business requires more than just vision—it needs continuous cash flow. At Standard Mortgage, we provide Overdraft & Cash Credit Limit facilities designed to help you manage your day-to-day operational needs, ensuring your business never misses a beat.
Whether you're facing temporary cash shortages, purchasing inventory, or bridging payment cycles, our flexible Working Capital Loan solutions are built around your business.
What is an Overdraft Facility?
Up to the authorized limit, an overdraft facility lets you take out more money than your current account balance. Businesses wishing to handle temporary cash shortages without going through conventional loan formalities will find this ideal.
- No fixed repayment schedule
- Interest charged only on the amount utilized
- Ideal for sudden or unplanned expenses
- Available to individuals, SMEs, and professionals
What is a Cash Credit Limit?
A cash credit limit is a revolving line of credit, generally backed by collateral like stock or receivables. It offers a more structured approach to meeting recurring working capital needs.
- Higher limits based on business performance
- Designed for ongoing operational expenses
- Interest charged only on the drawn amount
- Typically reviewed annually
Choosing Between Overdraft & Cash Credit
| Criteria | Overdraft Facility | Cash Credit Limit |
|---|---|---|
| Collateral | Not always required | Generally required |
| Usage | Emergency funding | Daily operational needs |
| Repayment | Flexible | Periodic reviews and renewals |
| Best For | Small businesses, freelancers | Mid-size & established businesses |
Eligibility Criteria
- Be a registered business entity in India
- Have operational history of at least 1–2 years
- Maintain a healthy banking and credit record
- Show regular income or business turnover
Documents Required
- KYC documents (PAN, Aadhaar, business registration)
- Bank statements (last 6–12 months)
- GST returns & ITRs
- Stock/debtor statements (for cash credit)
Apply Online – Fast & Hassle-Free
At Standard Mortgage, we believe in supporting your business with speed, transparency, and tailored solutions. Our digital application process ensures quick approvals, while our expert team helps you choose the best financing option.
Empower Your Business with Flexible Finance
Manage your business cash flow efficiently with overdraft & cash credit limit facilities that adapt to your needs. Let your growth speak louder than your worries—partner with us for smarter finance.
