Power Your Business with Flexible Overdraft & Cash Credit Loans!
Competitive Interest Rates
Enjoy low-interest rates that make your EMIs more affordable, ensuring a cost-effective OD & CC experience.
Hassle-Free Documentation
Simplified paperwork and minimal requirements ensure a smooth and quick loan approval process.
Flexible Tenure Up to 5Yrs
Choose a repayment period that fits your financial plan, with tenures extending up to 30 years.
High Loan Amount Eligibility
Get access to higher loan amounts, making it easier to finance your OD&CC without financial strain.
Why Choose Our OD & CC
Nalwar Marketing Services provides customized OD & CC loan solutions to help businesses manage working capital efficiently. Here’s why our OD & CC loans stand out:
✅ Flexible Loan Limits – Get access to funds based on your business needs, ensuring smooth cash flow management.
✅ Competitive Interest Rates – Enjoy cost-effective financing with interest charged only on the utilized amount.
✅ Revolving Credit Facility – Withdraw and repay funds multiple times within the sanctioned limit, offering maximum financial flexibility.
✅ Quick Approvals & Disbursals – Fast processing and minimal waiting time ensure your business never faces a cash crunch.
✅ Minimal Documentation – Simplified paperwork makes it easy to access funds without unnecessary hassle.
✅ Secured & Unsecured Options – Choose between secured OD & CC loans backed by collateral or unsecured options based on business financials.
Loan Eligibility Criteria
🟩 Flexible Loan Limits – Access funds as per your business needs, ensuring seamless cash flow management.
🟩 Competitive Interest Rates – Enjoy cost-effective financing with interest charged only on the utilized amount.
🟩 Revolving Credit Facility – Withdraw and repay funds multiple times within the sanctioned limit for maximum financial flexibility.
🟩 Quick Approvals & Disbursals – Fast processing with minimal waiting time ensures your business never faces a cash crunch.
🟩 Minimal Documentation – Simplified paperwork makes fund access easy without unnecessary delays.
🟩 Secured & Unsecured Options – Choose between secured OD & CC loans backed by collateral or unsecured options based on business financials.
Interest Rates & Processing Fees
🟩 Interest Rate – Starting from 9.25% per annum, depending on business financials and creditworthiness.
🟩 Processing Fee – Ranges from 1% – 3% of the sanctioned loan amount.
🟩 Prepayment Charges – Can range from 2% – 4%, based on lender policies.
🟩 No Hidden Fees – We ensure complete transparency with no hidden charges or unexpected costs.
Required Documents for OD & CC
We keep the documentation process simple and hassle-free. Below is a checklist of required documents based on your business type:
For Self-Employed & Business Owners:
Identity Proof (Aadhaar Card, PAN Card, Passport, Voter ID) Address Proof (Utility Bills, Rent Agreement, Passport) Business Registration Certificate (GST Certificate, MSME Registration, Trade License) Income Tax Returns (ITR) (Last 2 Years) Bank Statements (Last 6-12 Months) Audited Balance Sheet & Profit & Loss Statement Loan Repayment Track Record (if any existing loans)
For Companies & Partnerships: Company PAN Card MOA (Memorandum of Association) & AOA (Articles of Association) Board Resolution for Loan Application Partnership Deed (if applicable) Bank Statements (Last 6-12 months) Income Tax Returns & Financial Statements
Eligibility Criteria & Required Documents for OD & CC Loan
What is the difference between Overdraft (OD) and Cash Credit (CC) loans?
✔ Overdraft (OD): Allows you to withdraw more than your account balance up to a pre-approved limit, usually against collateral.
✔ Cash Credit (CC): A short-term loan facility for businesses based on working capital requirements, typically secured against inventory or receivables.
What is the interest rate for OD & CC loans?
Interest rates start from 9.25% onwards and may vary based on business financials, credit score, and loan amount.
Who is eligible for an OD or CC loan?
Businesses with a minimum operational history of 2 years, a good credit score (700+ preferred), and stable financials can apply.
What is the maximum loan tenure for OD & CC loans?
Loan tenure typically ranges from 12 months to 5 years, with renewal options based on financial performance.
Can I apply for an unsecured OD or CC loan?
Yes, unsecured OD & CC loans are available for businesses with strong financials and creditworthiness. However, higher loan amounts may require collateral.