Get the financial flexibility you need with our Overdraft Loan from Veerashaiva Co-operative Bank Ltd. Enjoy the convenience of accessing funds beyond your account balance, up to a predetermined limit. Ideal for managing short-term expenses or cash flow fluctuations, our Overdraft Loan offers competitive interest rates and flexible repayment options. Contact us today to learn more about how our Overdraft Loan can support your financial needs.

Our Overdraft Loan empowers businesses with flexible funding, allowing timely enhancements as needed

Our Overdraft Loan is secured against property mortgage, making it ideal for entrepreneurs looking to expand and enhance their ventures. Tailored to meet the financial needs of growing businesses, this facility offers flexible funding solutions backed by property assets.

At Veerashaiva Co-operative Bank Ltd., we employ the Daily Balance method for calculating interest on our Overdraft Loans.

Secured against property valued at 70% of its total valuation, including buildings, shopping complexes, and other immovable assets.

Requires I.T.R. for the past 3 years, Balance Sheet, Profit & Loss Account, and net worth statement. Additionally, original property documents, Udyam registration copy, proof of property ownership (residential or commercial), latest 6 months’ business bank statements, proof of identity and residence, KYC documents, tax paid receipts, CIBIL certificate, and license copy are necessary.

Unlock the potential of your term deposits with our Overdraft Loan Against Term Deposits facility at Tumkur Veerashaiva Co-operative Bank Ltd. Enjoy the flexibility of accessing funds up to 1% over your deposit rate of interest, allowing you to leverage your savings while retaining financial security. Whether for immediate expenses or business opportunities, this facility offers a convenient solution with competitive interest rates.