Salaried individuals, self-employed professionals, and business owners with stable income and self-owned residential or commercial property can apply, subject to age, credit score, property valuation, and lender-specific eligibility criteria.

Overdraft limits are usually sanctioned up to 60–70% of the property’s market value. The exact limit depends on property type, location, income profile, credit history, and lender assessment policies.

Interest rates for overdraft facilities generally start from around 9% per annum. Rates may vary based on property profile, credit score, utilisation pattern, and the lending institution’s pricing norms.

Overdraft facilities are typically sanctioned for long tenures ranging from 10 to 15 years, with periodic reviews by the lender to assess repayment behaviour and continued eligibility.

Finosquare offers structured overdraft advisory, multi-lender comparison, transparent interest explanation, and end-to-end coordination, ensuring flexible funding solutions with smoother processing and better terms for eligible applicants.