Need Flexible Funds Anytime? Get a Personal Overdraft from Myfinflow

Get instant access to funds with Myfinflow’s Personal Overdraft. Withdraw as needed, pay interest only on usage, and enjoy full flexibility. Apply online now!

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Need Flexible Funds Anytime? Get a Personal Overdraft from Myfinflow

There are times when your expenses don’t follow a fixed pattern—unexpected bills, urgent repairs, festive shopping, or business needs can arise anytime. Instead of taking a full personal loan, a smarter option is to get a Personal Overdraft—a credit line you can use as and when needed.

With Myfinflow’s Personal Overdraft Facility, you get access to funds instantly and pay interest only on the amount you use. It’s like a personal loan, but much more flexible and convenient.

How Does a Personal Overdraft Work?

A Personal Overdraft (OD) is a credit limit approved for you, which you can withdraw partially or fully whenever required. You’re charged interest only on the amount you utilize, not on the entire limit—making it perfect for irregular or recurring needs.

Example: If you get an OD limit of ₹1,00,000 and use only ₹30,000, interest is charged only on ₹30,000, not the full amount.

Why Take a Personal Overdraft from Myfinflow?

Here’s why Myfinflow is the best choice for instant credit flexibility:

Credit On-Demand
Withdraw any amount from your approved limit, whenever you need it.

Interest Only on Usage
Save more by paying interest only on the used amount.

Quick Approval & Access
Get your overdraft limit approved in 24–48 hours.

No Collateral Required
A completely unsecured overdraft facility.

100% Digital Process
Apply online in minutes with minimal documents.

Basic Eligibility Criteria

To apply for a Personal Overdraft with Myfinflow, you must:

Be an Indian citizen

Aged between 21 and 58 years

Be a salaried or self-employed individual

Have a minimum monthly income of ₹20,000

Possess a valid bank account and KYC documents

Basic Documents Required

The process is fast and simple. You’ll need:

PAN Card

Aadhaar Card or valid address proof

Bank Statement (last 3–6 months)

Salary Slip or Income Proof

Passport Size Photo

Cancelled Cheque or bank details

Flexible Repayment Options – Key Features

Interest Only on Used Amount

Revolving Credit – Use, repay, and reuse the limit

Tenure Flexibility – Keep the limit active up to 12–24 months

No Prepayment Charges

On-Time Alerts & Dashboard Access

Frequently Asked Questions (FAQs)

Q1. What is the difference between a personal loan and a personal overdraft?
In a personal loan, the full amount is disbursed and interest starts immediately. In overdraft, you withdraw as needed and pay interest only on that amount.

Q2. Can I use the overdraft multiple times?
Yes, it’s a revolving credit. You can use and repay multiple times during the tenure.

Q3. Is there a fixed EMI like a personal loan?
No. You can repay anytime with flexible payment options.

Q4. How soon can I get the overdraft limit?
Once approved, your overdraft limit is available within 24 to 48 hours.

Financial Freedom Is One Click Away with Myfinflow

Whether it’s managing cash flow, handling urgent expenses, or keeping a backup for emergencies—Myfinflow’s Personal Overdraft gives you complete control of your finances with flexible access to funds and zero stress.