OD/CC Limit (Only In Delhi NCR)*

Q. What is the OD Limit?

A. It’s an Overdraft facility provides by Banks & NBFC.

Q. What is the CC Limit?

A. It’s a Cash Credit facility provides by Banks & NBFC.

Q. I am CIBIL Defaulter. Can I get the OD/CC Limit?

A. No, you’re Not Able to get the OD/CC Limit.

Q. Which Type of Collateral Consider for OD/CC Limit?

A. Residential Property, Commercial property & Industrial Property*.

Q. What are the eligibility criteria for availing OD/CC Limit?

A. The eligibility criteria depend on various parameters like your salary, company you are working for, Firm Turnover, Property Value etc. You can borrow OD/CC Limit upto Rs. 5 Crore*.

Q. What is the minimum and maximum tenure for repayment of OD/CC Limit?

A. The tenure ranges from *12 months to *60 Months & final Decision Depend on Credit Department. *T&C APPLY.

Q. What is the Minimum Salary/Turnover Required for OD/CC Limit?

A. We required minimum Net Salary 30K per month for salaried OD & 50 Lakhs Turnover for Self-Employed.

Q. Is there an option of prepayment/fore-closure of OD/CC Limit?

A. Yes you can prepay your loan after 12 months with charges as applicable by some lenders and some are not.

Q. What is the OD/CC Limit Renewal Charges?

A. The OD/CC Limit Renewal Charges is 0.50% to 2.50%*.

Q. Who can get OD/CC Limit?

A. We provide OD/CC Limit for salaried/Self-Employed/Self-Employed professionals.*.

Q. Are you providing OD/CC Limit out of Delhi/NCR?

A. We do not provide OD/CC Limit out of Delhi/NCR.