Max Overdraft

The Axis Bank Max OD facility is offered to resident individuals (with business registration), proprietorship firms, partnership firms, LLP, pvt. ltd. companies, and unlisted public companies.

We offer competitive interest rates for our loan facilities. The interest for each loan is determined based on assessment of your business profile, past track records, loan amount required and tenure of loan.

Interest is charged only on the amount utilised and not on the entire sanctioned limit.

No, we do not have any annual review charges. But processing fees is levied for every Max OD renewal.

For Max OD, primary security of stock and book debts are required, along with property collateral.