Cash Credit / Overdraft
A revolving credit line for flexible, ongoing working capital — draw what you need, repay, and draw again, without reapplying each time.
For businesses with recurring, variable short-term funding needs
If your cash needs fluctuate month to month — seasonal stock-ups, fluctuating receivables, or simply uneven cash flow — a revolving credit line gives you funds on standby rather than a fixed lump sum.
Do you qualify?
- Established business with consistent banking relationship
- Stable turnover as per lender's policy
- Acceptable credit history
- Collateral may be required depending on limit size
What you'll need to send
Send these directly on WhatsApp — one by one or all together. We'll let you know what's verified and what's still pending as you go.
- Aadhaar & PAN card
- Bank statements (last 12 months preferred)
- GST returns (last 6–12 months)
- Financial statements (last 2 years)
- Income tax returns (last 2 years)
Why apply for this through Ikaya
Interest only on what you use
You're charged on the drawn amount, not the full sanctioned limit.
Always available
Once sanctioned, funds are accessible whenever you need them, without a fresh application.
Renewable annually
Most CC/OD limits are reviewed and renewed yearly rather than requiring a full reapplication.
Common questions
What's the difference between cash credit and overdraft?
They function similarly, but cash credit is typically tied to your stock/receivables (often offered by banks for trading and manufacturing businesses), while overdraft is more broadly tied to your current account relationship.
Is collateral always required?
For larger limits, collateral or security is often required. Smaller limits may be available on an unsecured basis depending on the lender.
Ready to check what you're eligible for?
Send your details on WhatsApp — get an estimate in minutes.
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