OD AGAINST PROPERTY

In a regular loan, you get the full loan amount upfront and start paying EMI immediately.

In OD Against Property, you get a credit limit, and you withdraw as needed. Interest is charged only on utilized funds, offering greater flexibility and interest savings.

Yes! An Over Draft account works like a current account. You can withdraw and deposit funds as many times as needed, within the sanctioned limit.

• You pay monthly interest on the utilized amount.

• You can repay the principal anytime during the tenure.

• Some lenders offer EMI-based OD variants too.

Yes, if your property still has equity (unused value), lenders may offer an OD as a second charge or through balance transfer + OD facility. FundFlow can guide you on best-fit options.

If you don’t withdraw from the sanctioned OD limit, no interest is charged. However, some lenders may charge a minimum maintenance or renewal fee annually. FundFlow helps you understand all such terms upfront.

If the funds are used for business purposes, the interest paid on the overdraft may be claimed as a business expense under the Income Tax Act. FundFlow can advised you to consult your CA for specific cases.