HDFC Bank Overdraft Facility | Apply with Bravima Solution

Hdfc Bank Overdraft Facility Image by Bravima Solution

In today’s fast-paced world, financial emergencies don’t come with prior notice. Whether it’s a medical expense, a business cash flow gap, or urgent home repairs, the need for instant liquidity can arise anytime. Instead of relying on high-interest credit cards or rigid loans, many individuals and businesses prefer a smarter option — the HDFC Bank Overdraft Facility.

At Bravima Solution Pvt Ltd, we specialize in helping customers get the best overdraft loan offers from leading NBFCs and banks like HDFC Bank. Let’s explore how HDFC Bank’s overdraft facility works, its benefits, eligibility, and why it could be the right solution for you.

What is the Overdraft Facility in HDFC Bank?

An overdraft facility is a credit line linked to your bank account that allows you to withdraw more money than you have, up to an approved limit. Unlike a traditional personal loan where you borrow a lump sum and pay EMIs, the overdraft facility lets you:

Withdraw funds as and when required
Pay interest only on the utilized amount
Repay flexibly without strict EMI schedules

👉 Example: If your overdraft limit is ₹5 lakh and you use only ₹1 lakh, interest will be charged only on ₹1 lakh, not the full limit.

This makes the overdraft facility an excellent choice for those who need financial flexibility rather than a fixed loan structure.

Key Benefits of HDFC Bank Overdraft Loan

HDFC Bank has designed its overdraft facility keeping both salaried individuals and self-employed professionals in mind. Here are the top advantages:

Instant Liquidity – Access funds immediately without lengthy loan approvals.
Pay Interest Only on Usage – Save money by paying interest only on what you use.
Flexible Repayment – No rigid EMI system; repay when you have surplus cash.
No Collateral Required – Most overdraft loans are unsecured, making them hassle-free.
Higher Credit Limit – Depending on income and profile, limits can go up to ₹25–₹50 lakh.
Convenient Access – Withdraw funds directly through net banking, mobile app, or cheque.
Revolving Credit – Reuse the credit once you repay, just like a credit card but at lower interest rates.

Short on Cash? Quick Overdraft Loans to the Rescue!

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HDFC Bank Overdraft Facility – Interest Rates

While overdraft interest rates vary based on profile, income, and loan type, here’s the approximate range for HDFC Bank Overdraft Loans in :

Salaried Applicants – 10.5% to 12.5% per annum
Self-employed Professionals/SMEs – 11% to 14% per annum
Processing Fee – Up to 2% of sanctioned limit
Tenure – Revolving (usually reviewed annually)

💡 Compared to credit cards (30–40% annually), overdraft loans are far more cost-effective.

Eligibility Criteria for HDFC Overdraft Facility

To apply for an overdraft loan with HDFC Bank (via Bravima Solution Pvt Ltd), applicants must meet the following:

Age: 21 to 60 years
Employment: Salaried with a reputed organization / self-employed with stable income
Minimum Income: ₹25,000 per month (salaried) / business turnover ₹12 lakh+ per annum (self-employed)
CIBIL Score: 700+ preferred
Banking Relationship: Strong financial track record with HDFC or other banks

Documents Required

Applying is simple and requires minimal documentation. Typically, HDFC Bank asks for:

KYC Documents (PAN, Aadhaar, Passport, Driving License, Voter ID)
Income Proof (Salary slips, IT returns, Form 16, GST returns for businesses)
Bank Statements (last 6 months)
Business Proof (if self-employed – GST certificate, partnership deed, etc.)

At Bravima Solution Pvt Ltd, we assist applicants in collecting and submitting all documents to ensure faster approval.

HDFC Overdraft Facility vs Personal Loan – Which is Better?

Feature	HDFC Overdraft Loan	HDFC Personal Loan
Loan Amount	Revolving limit up to ₹50L	Fixed amount disbursed once
Interest	Charged only on used amount	Charged on entire loan
Repayment	Flexible, no fixed EMI	Monthly EMIs
Tenure	Revolving (renewable annually)	1–6 years
Best For	Irregular cash flow, emergencies	Planned expenses, big-ticket purchases

👉 If you need flexibility, overdraft is the winner. But for a planned one-time expense, a personal loan might work better.

Why Apply Through Bravima Solution Pvt Ltd?

While you can directly approach HDFC Bank, applying via Bravima Solution Pvt Ltd offers multiple advantages:

Multi-Lender Comparison – We compare HDFC with other NBFCs like Bajaj Finserv, Tata Capital, and Kotak Mahindra to find the best overdraft loan.
Expert Guidance – Our loan specialists guide you on eligibility and documentation.
Faster Approvals – Direct tie-ups with NBFCs and banks speed up processing.
End-to-End Support – From application to disbursement, we manage the entire process.
Personalized Solutions – Tailored loan advice for salaried professionals, SMEs, and entrepreneurs.

Avoid Bounced Checks—Apply for an Overdraft Loan Now!

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Overdraft Loan Providers in India – Quick Comparison

Here’s how HDFC Bank compares with other major overdraft providers:

NBFC / Bank	Interest Rate (Approx)	Loan Limit	Best For
HDFC Bank	10.5% – 12.5%	₹5L – ₹50L	Salaried & self-employed
ICICI Bank	11% – 13%	₹2L – ₹40L	Business owners
Kotak Mahindra Bank	10% – 12%	₹3L – ₹25L	Freelancers & SMEs
Bajaj Finserv (NBFC)	13% – 15%	₹1L – ₹25L	Instant approvals

FAQs – HDFC Bank Overdraft Loan

Q1. What is the minimum salary required for HDFC overdraft loan?
Minimum ₹25,000 per month.

Q2. Can self-employed apply for HDFC overdraft facility?
Yes, self-employed professionals and SMEs are eligible.

Q3. What is the interest rate for HDFC overdraft facility in 2025?
Starts at 10.5% per annum.

Q4. Is an overdraft facility better than a credit card?
Yes, overdraft loans are cheaper and more flexible compared to credit cards.

Q5. How can Bravima Solution Pvt Ltd help me get an overdraft loan?
We compare offers across multiple NBFCs and banks, guide on eligibility, and ensure faster approval.

Final Thoughts

The HDFC Bank Overdraft Facility is truly a lifeline for individuals and businesses seeking financial flexibility. With benefits like flexible withdrawals, interest on usage only, and quick approvals, it stands out as a powerful alternative to personal loans and credit cards.

At Bravima Solution Pvt Ltd, we help you secure the best overdraft loan by comparing HDFC Bank and top NBFC providers. Whether you’re a salaried professional or a business owner, our expertise ensures you get the lowest interest rates and fastest approval.

👉 Looking for instant liquidity with no stress? Apply for HDFC Bank Overdraft Facility through Bravima Solution today!