An Overdraft Limit is a credit facility linked to your bank account that permits withdrawals in excess of the available balance, up to a pre-approved limit. Interest is charged only on the amount utilized, making it a flexible and cost-effective funding option.
Manage unexpected cash flow gaps with an Overdraft Limit from MudraOne. This facility allows you to withdraw funds beyond your account balance when needed, ensuring business continuity during short-term liquidity challenges.
Review of your account history, income flow, and financial position to assess eligibility.
Determination of the appropriate overdraft limit based on your short-term liquidity needs.
Selection of the most suitable bank and structuring of the overdraft facility on optimal terms.
End-to-end support with paperwork, quick approval, and activation of the overdraft limit.
