Kotak Mahindra Bank Overdraft Services
Explore various business opportunities with extended financial solutions through Kotak Mahindra Bank Overdraft Services. You can now meet your capital needs to pursue your business goals and ideas with our services. Gain with a hassle free process to enhance your cash readiness to meet any busienss demand or emergency as it arises with ease.
5 Ways you Gain with a Kotak Mahindra Bank Overdraft Services
Unsecured Overdraft limit up to Rs 75 Lakhs
Finance any business requirements with unsecured overdraft limits ranging from Rs. 3 Lakhs to Rs. 75 Lakhs.
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Easy liquidity with account balance terms
Enjoy increased cash availability with an average balance requirement of just Rs. 50,000 over a 6 month period.
Save time with minimal documentation
Avoid an overly complicated documentation process with Kotak Mahindra Bank - OD.
Available in your existing Kotak Mahindra Bank Account
Your existing Kotak Mahindra Bank account allows you the convenience of availing overdraft services directly from this account itself.
Pay only for the amount overdrawn
Save on interest payments with interest payable only on the amount you have withdrawn in your account.
*Conditions apply: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.
Want to use Overdrafts better?
| Activity | How |
|---|---|
| Control OD interest |
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| Avoid Penalties | Repay amounts each month within the limit period |