• 9863020202    
  • contact@financeseva.in

Drop Line Overdraft @ 9.75%Onwards

The Dropline Overdraft facility benefits the borrower by reducing the original limit according the tenure sanctioned to the borrower. The overdraft facility can be used on monthly basis, quarterly basis, half-yearly or even yearly basis too as per the need of the borrower. Dropline overdraft facilities have only a one-time processing fee like a normal loan .Dropline Facility is offered to self-employed professionals and self-employed non-professionals.
Enquiry Form
Drop Line Overdraft
Bank Name Interest Rate Range (%) Processing Fee (%) Maximum Tenure (Month)
Aditya Birla Finance Limited
10.50%-12.00%
1%
180
Axis Bank Ltd.
7.75% - 8.75%
1%
180
Bajaj Finance Limited
9.00% - 11.00%
1%
180
DCB Bank Ltd.
9.50% - 10.50%
1 %
180
Federal Bank Ltd.
9.50% -10.50%
1%
180
HDFC Bank Ltd
7.50% - 8.25%
1%
180
ICICI Bank Ltd.
8.00% - 9.00%
1%
180
IndusInd Bank
9.50% - 13.00%
1%
180
Kotak Mahindra Bank
7.50% - 8.50%
1 %
180
RBL Bank Ltd.
10.00%-11.00%
1%
180
YES Bank Ltd.
8.25% - 10.25%
1%
180
Bank Name Key Features
Aditya Birla Finance Limited
Interest rate

10.50%-12.00%

Max Tenure

180
Axis Bank Ltd.
Interest rate

7.75% - 8.75%

Max Tenure

180
Bajaj Finance Limited
Interest rate

9.00% - 11.00%

Max Tenure

180
DCB Bank Ltd.
Interest rate

9.50% - 10.50%

Max Tenure

180
Federal Bank Ltd.
Interest rate

9.50% -10.50%

Max Tenure

180
HDFC Bank Ltd
Interest rate

7.50% - 8.25%

Max Tenure

180
ICICI Bank Ltd.
Interest rate

8.00% - 9.00%

Max Tenure

180
IndusInd Bank
Interest rate

9.50% - 13.00%

Max Tenure

180
Kotak Mahindra Bank
Interest rate

7.50% - 8.50%

Max Tenure

180
RBL Bank Ltd.
Interest rate

10.00%-11.00%

Max Tenure

180
YES Bank Ltd.
Interest rate

8.25% - 10.25%

Max Tenure

180
Customer Services Logo
Enquire Us
Any Queries? We are there to help you. (contact@financeseva.in)
Customer Services Logo
Customer Support
Questions ? You are only a call away. (+919863020202)
Documents Required
  • Individual
  • Prop Firm
  • Partnership Firm-LLP
  • PVT. LTD.
  1. Photographs 2
  2. PAN Card Copy
  3. AADHAR CARD + PASSPORT
  4. ADDRESS PROOF IF RENTED ALSO REQUIRED PERMANENT ADDRESS PROOF
  5. LAST 3 YEARS FORM -16, ITR WITH COMPUTATION OF INCOME IF FILE
  6. LAST 1 YEAR BANK STATEMENT - SALARY ACCOUNT
  7. LOAN SCHEDULE & SANCTION LETTER (IF RUNNING
  8. COMPLETE PROPERTY PAPERS WITH CHAIN & MAP +ATS
  9. PROCESSING FEE CHEQUE IN FAVOUR OF BANK
  10. LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
  11. LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
  1. PHOTOGRAPH BOTH
  2. PAN CARD CLEAR COPY PROPRIETOR.
  3. ADD PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR.
  4. OFFICE ADDRESS PROOF LATEST. (ELECTRICITY BILL, TELEPHONE BILL)
  5. FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
  6. LAST 1 YEAR GST RETURN COPY
  7. FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
  8. PROVISIONAL FINANCIAL AY 2019-20
  9. BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED.
  10. 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
  11. IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
  12. AGREEMENT TO SELL COPY
  13. PROPERTY PAPERS WITH CHAIN SANCTION MAP
  14. PHOTOGRAPH BOTH
  15. PAN CARD CLEAR COPY PROPRIETOR
  16. ADD PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR.
  17. OFFICE ADDRESS PROOF LATEST. (ELECTRICITY BILL, TELEPHONE BILL)
  18. FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
  19. LAST 1 YEAR GST RETURN COPY
  20. FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
  21. PROVISIONAL FINANCIAL AY 2019-20
  22. BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED.
  23. 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
  24. IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
  25. AGREEMENT TO SELL COPY
  26. PROPERTY PAPERS WITH CHAIN SANCTION MAP
  1. PHOTOGRAPH PARTNERS
  2. PAN CARD - COMPANY, ALL PARTNERS
  3. ADD PROOF - ALL PARTNERS (PASS PORT, VOTER I CARD ,PAN ,ADHAAR)
  4. FIRM ADD PROOF- LATEST ANY UTILITY BILL.
  5. PARTNERSHIP DEED COPY
  6. GST CERTIFICATE
  7. GST Return last 1 years
  8. 3 YEAR COMPANY ITR COI P/L A/C BALANCESHEET + AUDIT REPORT 3CB 3CD, ALL ANNEXXURS, SCHEDULED WITH C.A.CERTIFIED.
  9. PROVISIONAL FINANCIAL AY 2019-20
  10. 3 YEAR.ALL PARTNER INDIVIDUALS ITR + COMPUTATION
  11. FIRM ALL A/C BANK STATEMENT 1 YEAR UPDATED
  12. ALL PARTNER SAVING A/C STATEMENT 6 MONTH.
  13. IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED.
  14. Agreement To Sell copy
  15. PROPERTY PAPERS COMPLETE CHAIN WITH MAP
  1. ALL DIRECTORS PHOTOGRAPH
  2. CLEAR PAN CARD - COMPANY AND ALL DIRECTORS.
  3. . ADDRESS PROOF – COMPANY AND DIRECTORS.
  4. LIST OF DIRECTOR & SHARE HOLDER WITH CA CERTIFIED AS ON DATE
  5. MEMORANDOM
  6. ORDER IN HAND AND COMPLETE COPY (if applicable)
  7. GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE
  8. 1 YEAR GST RETURNS
  9. ALL DIRECTORS INDIVIDUALS ITR & COMPUTATION LAST 3 YEARS
  10. LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE.
  11. PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR
  12. COMPANY ALL BAALL DIRECTORS SAVING A/C STATEMENT 6 MONTH.NK ACCOUNT STATEMENT 1 YEAR UPDATED.
  13. ALL DIRECTORS SAVING A/C STATEMENT 6 MONTH.
  14. IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED.
  15. AGREEMENT TO SELL COPY
  16. PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP
Frequently Asked Questions
What is Dropline Overdraft (DOD) ?

The Dropline overdraft facility refers to the secured loan category where against a property as security, loan is given for a specified period where the loan amount is reduced every month / quarterly / semi-annually / annually (depends upon bank to bank) from the principal amount. 
The right of ownership of the property is still with the borrower and you are still allowed to continue using it for residential or commercial purposes.There is no annual maintenance charge in drop line overdraft. The interest is charged every month. 

Calculators
EMI Calculator
Calculate what your repayment could be on your loan.
 Calculate Now
Mortgage Comparison Calculator
Calculate what your repayment could be on your loan.
 Calculate Now
Home Refinance
Calculate what your repayment could be on your loan.
 Calculate Now
Debt Consolidation Calculator
Calculate what your repayment could be on your loan.
 Calculate Now
Popular Drop Line Overdraft Lenders
Aditya Biria
Axis Bank
Bajaj finance Logo
DCB-Bank Logo
Federal Bank Logo
HDFC Bank
ICICI Bank
Indusland Bank Logo
Kotak Bank
Rbl BankLogo
South Indian Bank
Yes Bank Logo
Popular Drop Line Overdraft Searches
Dropline Overdraft Limit
Dropline Overdraft
Dropline Overdraft Facility
Dropline Overdraft Loan
Dropline Limit
Dropline Overdraft Hdfc
Dropline Overdraft Ltv
Dropline Overdraft Facility Sbi
Dropline Overdraft In Hdfc Bank
Dropline Overdraft Against Property
Dropline Overdraft Mortgage
Dropline Overdraft Loan Tata Capital
Dropline Overdraft Axis Bank
Dropline Overdraft Account
Unsecured Dropline Overdraft Axis Bank
Dropline Overdraft And Overdraft
Dropline Overdraft Bajaj Finserv
Dropline Overdraft Hdfc Bank
Dropline Overdraft Yes Bank
Dropline Overdraft Icici Bank
Dropline Overdraft Facility Icici Bank
Dropline Overdraft Calculator Excel
Dropline Overdraft Tata Capital
Dropline Overdraft Interest Calculator
Dropline Overdraft Example
Dropline Overdraft Facility Hdfc
Dropline Overdraft Facility Meaning
Secured Dropline Overdraft Facility
Drop Line Overdraft Hdfc Bank
Dropline Overdraft Meaning In Hindi
Maximum Ltv For Dropline Overdraft Hdfc
Maximum Ltv Under Dropline Overdraft Hdfc
Maximum Ltv Under Dropline Overdraft In Hdfc
Max Ltv Under Dropline Overdraft In Hdfc
Maximum Ltv Under Dropline Overdraft Is
Dropline Overdraft Hdfc Ltv
Hdfc Bank Dropline Overdraft Ltv
Dropline Overdraft Meaning
Dropline Overdraft Vs Overdraft
Dropline Overdraft Sbi
Unsecured Dropline Overdraft
Drop Line Overdraft
Dropline Od Facility
What Is Dropline Overdraft Facility
Meaning Of Drop Line Overdraft Facility
What Is Dropline Overdraft Loan
Dropline Overdraft Loans
Dropline Limit Meaning
Dropline Limit Meaning In Hindi
Drop Line Limit
Drop Line Limit Bajaj Finserv
Drop Line Od Limit
Contact With Us
Facebook
Instagram
Linkedin
Youtube
Twitter
Whatsapp

Subscribe to our Newsletter

Quick Link

News Latest

Copyright ©2021 Finance seva. All Rights Reserved