No Collateral Credit Line

OD / CC Limit – Unsecured

A flexible revolving credit line with no property or asset pledge required.

An Unsecured OD / CC Limit is a collateral-free revolving credit facility based on your business turnover, GST returns, and banking track record. Ideal for MSMEs and traders who need instant access to working capital without locking up assets.

OD / CC Limit – Unsecured illustration
No Collateral Credit LineFrom 9% p.a.
Product SpecificationREF: OD-CC-UNSECURED
Interest Rates9% p.a.
Maximum Financing₹1 Crore
Repayment HorizonAnnual Renewal (Revolving)
Processing Fee1.0% to 2.5% + GST
Key Advantages

Why choose RawaniGrow for your OD / CC Limit – Unsecured

Our institutional advisory model ensures maximum approval certainty with preferential interest rates.

Zero collateral — no property, FD, or asset hypothecation required
Revolving limit: withdraw, repay, and reuse any time
Interest levied only on daily outstanding drawn balance
Sanction based on GST turnover, banking average, and business vintage
Quick disbursal: credit line activated within 5 to 7 working days
Supports current account OD for seamless day-to-day working capital
Application Requirements

Eligibility & Required Documentation

Check qualification thresholds and prepare required verification paperwork beforehand for same-day processing.

Who is Eligible

  • Business entities: Proprietorship, Partnership, Pvt Ltd, LLP
  • Minimum 2 years of continuous business operations with active GST filing
  • Annual gross turnover of ₹30 Lakhs or more (as per GST / bank statements)
  • Satisfactory CIBIL / CMR score and clean credit bureau report
  • Positive net worth and no NPA / settled / written-off accounts

Required Documents

  • Business registration: GST Certificate, MSME/Udyam, Partnership Deed / MOA-AOA
  • KYC: PAN and Aadhaar of all promoters/directors
  • Last 12 months primary current account bank statements
  • Last 2 years audited Balance Sheet, Profit & Loss, and ITR with computation
  • GST Returns: GSTR-3B for last 12 months (or GSTR-1 as applicable)
Questions

OD / CC Limit – Unsecured FAQs

Frequently asked questions specific to OD / CC Limit – Unsecured applications, interest rules, and approvals.

Most banks and NBFCs offer collateral-free CC / OD limits up to ₹50 Lakhs to ₹1 Crore based on monthly average bank balance (typically 2–3x of MAB) and annual GST turnover. Select FinTech-backed lenders may go higher for well-rated businesses.

Yes. A business loan is a term loan — disbursed once, repaid in fixed EMIs, and closed on maturity. An OD / CC is a revolving line: you can draw and repay repeatedly within the sanctioned limit, paying interest only on what you use. This makes it ideal for working capital rather than one-time CapEx.

Lenders assess your Monthly Average Balance (MAB) and inward credits over the past 12 months. A higher and consistent credit turnover in your primary current account directly translates to a higher eligible CC / OD limit.

Most traditional banks require a minimum 2-year operational track record. However, select NBFCs and fintech lenders offer smaller OD facilities to 12-month-old businesses with strong GST turnover and positive banking behaviour.

Ready to secure your OD / CC Limit – Unsecured?

Our advisory desk checks live sanction guidelines across 70+ lenders and guides your application end-to-end at zero fee.