Bajaj Finserv

Bajaj Finserv Overdraft Facility

Overdraft is a credit facility that allows you to withdraw amount as and when you need. You can also repay the withdrawn amount at your convenience. Hence, it is one of the most preferred credit options availed to meet any kind of financial emergencies, short or long term requirements or a financial backup. Apply for overdraft facility in the form of a Bajaj Finserv Flexi Personal Loan. The flexi loan facility has all the necessary features of an unsecured overdraft loan. Check out the features you may look for with the online flexi loan facility, a new-age unsecured overdraft loan for you.

Know your Offer

Let's get started with your basic information


What is a Personal Overdraft Facility?

An overdraft account is a credit facility that allows you to withdraw any amount as and when you need it. The interest will be charged only on the utilized amount and for the utilized period. Interest needs to be paid month on month wherein the utilized principle can be paid at your convenience subject to the agreed-upon tenure.

Apply for the Bajaj overdraft account facility in the form of Flexi Personal Loan. The Flexi loan facility has all the required features of an unsecured overdraft loan

Overdraft Loan (Flexi Loan Facilities): Features

The Bajaj Finance Flexi Loan overdraft facility comes with a strategic plan that allows you to withdraw multiple times from a pre-sanctioned loan amount. You may also to prepay this amount at any time before the tenure.
Also, the interest calculated is only on the amount withdrawn. To conveniently repay this money, you may opt to pay interest-only EMIs as well.

Benefits of Overdraft Loan (Flexi Loan)

Fulfilling the role of an overdraft, the Flexi loan comes with multiple attractive benefits you may utilize.
  • Makes funding quick and easy – It becomes easier to avail funds when you have the required set of documents handy. This makes funding instant within 24 hours and easily accessible to salaried individuals and self-employed.
  • Competitive rates of interest - The overdraft rates applicable to this facility are
  • Offers flexible withdrawal and repayment- It provides you with a flexibility to withdraw only the amount that you need and pay interest on the same instead of the total credit limit. In short, you pay interest only on utilized amount with multiple withdrawal and payback facilities.
  • Helps maintain your credit score - With the ease of withdrawing and repaying this credit, it boosts your credit score.
  • Check out the features you may look for with the overdraft facility, a new-age unsecured overdraft loan for you.

Bajaj Overdraft Eligibility Criteria

- Salaried individuals - Any individuals working in a company with a net take-home salary of 40,000 per month getting credited in the bank account.
- Self Employed Professionals - Doctors, Chartered accountants, Company secretaries, and architects, etc. Bajaj would also fund the practicing professions
- Self Employed Non Professions – Traders and Manufacturers, Retailers, Directors, Proprietors, Service providers ,etc.
- Entities – Partnerships, LLP's, Private Limited Companies, and closely held limited companies.

Business Loan Fees & Interest Rates

Product Details
Customized Interest Rates 1.25% to 1.5% per month
Processing Fees 1.5% to 2.5%
Loan Tenure up to 84 months
Transations Unlimited
Eligibility Criteria > ₹ 36,000 net takehome per Month
Loan Amount Up to ₹ 30,00,000
Installments Flexible Daily

Required Documents for Bajaj Overdraft Account

For Overdraft Account, Bajaj Finserv requires documents for verification that proves the authenticity of the borrower. Following are the list,

Identity Proof for Loan  Identity Proof - PAN / Aadhaar / Voter ID / Driving License / Passport Copy.
Address Proof for Loan  Current Address Proof - Driving license/ Passport Copy/ Latest Gas Bill with Gas Bond / Latest Property Tax Bill / Bank Passbook / Ration Card.
Age Proof for Loan  Age Proof - Pan Card / Aadhaar Card / Voter ID card / Passport Copy / Any Other Statutory authority Certificat.
Bank Statement for Loan  Bank Statement - Latest 3 Months Bank Statement required.
Company Id Proof for Loan  Company ID - For Employment Proof.
Payslips for Loan  Salary Payslips - Last 3 Months.
Photo Copy for Loan  Photo Copy - One Passport Size Photo.

Our Happy "Bajaj Finserv Overdraft Account" Customer

We Love to Hear from Our Customers

Happy Client



“It was a good experience with for the personal loan. I am happy with Salariedloans. The whole process went smooth with them. Interest rate is good and there was no challenges with the bank in taking the loan. They provided good customer service.”

Happy Client

Arunkumar H.


“Thanks for your quick support. Due to my travel plan and urgent need, they arranged the loan within record time. Didn't believe that third party can influence the banks to bring such a quick turnaround.”

Happy Client


School Director

“Salariedloans has helped us a lot in getting a loan for our School.”

Happy Client

Sharanu M.

Director - Open Help Desk Services

“Salariedloans team have been great and I am really impressed with the support you give and all the effort.”

Quick loan Process

Quick Loan

Customer Satisfaction


No Hidden Charges

No Prepayment or
Hidden Fees

Best After Sales Support

Best After Sales Service