Overdraft Facilities – Secure & Unsecured OD

Secured & Unsecured Overdraft – Flexible Credit for Your Business Needs

Your Safety Net for Cash Flow Management

At Orbit Finserv, we understand that businesses and professionals need quick access to funds—not always as a lump sum, but whenever the need arises. That’s why we offer Secured and Unsecured Overdraft (OD) facilities—a flexible line of credit you can use, repay, and reuse, with interest charged only on the amount you utilize.

Ideal Uses for an OD Facility

Managing seasonal cash flow fluctuations
Purchasing raw materials or stock
Meeting urgent business expenses
Handling unexpected financial gaps
Taking advantage of time-sensitive business opportunities

Why Choose Orbit Finserv OD Facility?

Flexible Usage

Withdraw funds anytime up to your approved limit.

Pay Interest Only on Usage

No charges on unused limits.

Quick Access

Withdraw funds instantly when opportunities or challenges arise.

Secured & Unsecured Options

Choose based on your profile and funding needs.

Revolving Credit

Reuse the credit limit as you repay.

Secured Overdraft (OD)

Collateral Required

Backed by property, fixed deposits, or other approved assets.

Higher Credit Limits

Ideal for large-scale business or professional needs.

Lower Interest Rates

Due to security against the loan.

Unsecured Overdraft (OD)

No Collateral Needed

Based on income and credit profile.

Quick Processing

Minimal paperwork, fast approval.

Ideal for Short-Term Needs

Working capital gaps, urgent expenses, or business opportunities.

Eligibility Criteria

Individuals, professionals, and business owners with a steady income

Good credit history (for unsecured OD)

For secured OD: ownership of acceptable collateral assets

Find Out More

Documents Required

1. KYC documents (Aadhaar, PAN, etc.)

2. Income proof / business financials

3. Collateral documents (for secured OD)

4. Bank statements (last 6–12 months)