Unsecured Dropline Overdraft - Features
Avail of Axis Bank’s collateral-free dropline overdraft facility, tailor-made for Doctor & CA profession to meet immediate professional requirements. This facility offers the flexibility in repayment & interest is charged only on the amount utilized. The assigned overdraft line functions like a normal overdraft facility in first year of loan tenure & drops every quarter in equal portion beginning second year for remaining tenure.
- Collateral free
- Loan amount can be availed from minimum of 5 lakhs up to 50 lakhs
- Loan amount can be availed for a minimum tenure of 24 months up to 60 months