Overdrafts
Our Services
Overdrafts
Enjoy Financial Flexibility with Vona Finserv Overdraft Facility
In today’s dynamic business environment, having quick access to funds is essential. Vona Finserv’s Overdraft (OD) facility provides you with the flexibility to withdraw funds as needed, without the constraints of a traditional loan. This facility is ideal for managing short-term cash flow gaps, unexpected expenses, or taking advantage of timely business opportunities.
Instant Access to Funds: With an approved overdraft limit, you can withdraw funds anytime you need, ensuring you never miss out on a crucial business opportunity.
Pay Interest on Usage: Interest is charged only on the amount you use, not on the entire limit, making it a cost-effective solution for short-term financial needs.
No Fixed Repayment Schedule: Unlike term loans, there is no fixed repayment schedule, giving you the freedom to repay the borrowed amount as per your cash flow.
Overdraft Limit Upgradation: As your business grows, so can your overdraft limit. We offer flexible limit enhancements based on your financial needs.
Eligibility and Documentation
Our Overdraft facility is available to businesses and individuals with a regular income or turnover. The eligibility criteria include a good credit score and a stable financial history. Required documents include business financials, identity proof, and address proof.
How to Apply?
Applying for an Overdraft with Vona Finserv is a breeze. Simply fill out our online application, submit the required documents, and we’ll process your request swiftly. Once approved, you’ll have the financial flexibility to manage your cash flow efficiently.
Stay ahead of your financial needs with Vona Finserv’s Overdraft Facility. Flexibility, when you need it most!
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