About the product

What is Instant Secured Overdraft?

Existing ICICI Bank customers can avail a secured OD facility of up to ₹3 crore to fulfil their working capital requirements.

Flexible Collateral Options

Secure your overdraft using residential, commercial, or industrial property, vacant land, or fixed deposits.

Documentation Required

Submit KYC documents, property papers, and bank statements. Additional documents may be requested case to case basis.

Looking for something else?

  • Term Loan

    Long term loan for business expansion

  • Superbiz – Flexi Credit for Business

    Working capital basis combined cash flows and property of applicant and co-applicant

  • Insta OD

    Instant unsecured overdraft for Current Accounts

FAQs

What is the Instant Secured OD?

Insta Secured OD is an secured overdraft facility of up to ₹3 crore for existing ICICI Bank customers basis their banking transactions and statistical scoring.

What is the minimum and maximum OD limit under Insta Secured OD?

The minimum overdraft limit is ₹15 lakh, and the maximum overdraft limit is ₹3 crore.

Which entities are eligible for this facility?

Insta Secured OD can be availed by:

  • Sole Proprietorship Firms
  • Partnership Firms
  • Private Limited Companies

How can a customer avail an Instant Secured OD?

Instant Secured OD can be availed through the InstaBIZ app, Corporate Internet Banking, or the ICICI Bank website.

T&Cs.

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