LatestCorporate Compliance 10 October 2026
Top 10 Banks & NBFCs Offering Overdrafts in India 2026
India’s market sees ten banks and NBFCs offering overdraft facilities in 2026, with rates about 1% above the current fixed‑deposit yield. Eligibility differs per lender, and borrowers gain flexible credit lines to smooth cash flow.
India’s financial sector is expanding overdraft options in 2026. Ten banks and NBFCs now provide credit lines with interest roughly 1% over the prevailing fixed‑deposit rate, offering flexible cash‑flow support.
- State Bank of India – rates 1% above FD, easy eligibility
- HDFC Bank – similar pricing, quick disbursal
- ICICI Bank – competitive rates, online application
- Axis Bank – flexible limits, minimal paperwork
*Read the full list and detailed terms on the* Trade Brains article.
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