verified Overdraft Loan

Flexible Funds, Whenever You Need Them.

Credinova partners with leading banks to provide flexible overdraft facilities, giving you access to funds whenever needed while paying interest only on the amount you use.

10k+ Happy Customers

Know your estimated EMI

before you apply.

Loan Amount ₹15,00,000

₹1,00,000 ₹1,00,00,000

Interest Rate (p.a.) 8.5% p.a.

8.5% 15%

Tenure (Months) 24 Months

6 Mo 60 Mo

Estimated Monthly EMI

₹681.93

Why Choose Credinova?

Experience the next generation of lending with our core pillars of trust.

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Trusted Banking Partners

Access overdraft facilities through CrediNova's leading banking partners.

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One Platform, Multiple Options

Compare overdraft solutions from multiple lenders and choose the one that fits your needs.

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End-to-End Assistance

From eligibility assessment to loan disbursal, CrediNova is with you every step of the way.

How it Works?

A simple 5 step process

edit_document 1

Apply Online

Fill out a simple application with your basic details to get started.

fact_check 2

Eligibility & CIBIL Check

Our experts will review your profile, verify your eligibility, and your credit score.

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Bank Selection & Documents

We identify the right bank or NBFC and assist you with documentation.

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Verification & Approval

Application is logged in with the selected lender for verification and approval.

payments 5

Loan Disbursed

Once approved, the loan amount is disbursed to your bank account.

edit_document

1. Apply Online

Fill out a simple application with your basic details to get started.

fact_check

2. Eligibility & CIBIL Check

Our experts will review your profile, verify your eligibility, and your credit score.

account_balance

3. Bank Selection & Documents

We identify the right bank or NBFC and assist you with documentation.

task_alt

4. Verification & Approval

Application is logged in with the selected lender for verification and approval.

payments

5. Loan Disbursed

Once approved, the loan amount is disbursed to your bank account.

Limited Time Offer

Refer & Save More

Invite your friends to Credinova. When they get their first loan, you both receive a 0.5% interest rate reduction on your next cycle.

Frequently Asked Questions

Know Before You Borrow

What is an Overdraft Facility? expand_more

An overdraft facility allows you to withdraw funds up to an approved limit, even if your account balance is insufficient. Interest is charged only on the amount utilized.

Who is eligible for an OD facility? expand_more

Eligibility depends on factors such as your income, credit history, and the lender's criteria.

How much overdraft limit can I get? expand_more

The approved limit is determined by your financial profile, repayment capacity, and the lender's assessment.

How is an overdraft different from a loan? expand_more

Unlike a traditional loan, an overdraft lets you borrow, repay, and reuse funds within your approved limit. Interest is charged only on the amount you use.

Can I repay and use the funds again? expand_more

Yes. Most overdraft facilities are revolving, allowing you to reuse your available limit after repayment, subject to the lender's terms and conditions.

Is collateral required for an overdraft? expand_more

Collateral requirements vary by lender. Some overdraft facilities are secured, while others may be offered unsecured based on eligibility and the lender's policy.