Welcome to
Flexible Working Capital for Your Business Growth
A Business Overdraft Facility from Pravara Sahakari Bank provides financial flexibility to manage your day-to-day business expenses smoothly. Whether you need funds for working capital, inventory purchase, supplier payments, or managing cash flow gaps, our overdraft facility ensures your business operations continue without interruption.
Key Features
✅ Flexible Credit Limit based on business turnover and financial strength
✅ Interest Charged Only on Amount Utilized
✅ Revolving Credit Facility – Withdraw and repay within the sanctioned limit
✅ Easy Documentation & Quick Processing
✅ Competitive Interest Rates
✅ Renewable Annually (as per bank norms)
✅ Max Loan Amt - As per Permissible Bank Finance Calculated
✅ Rate of Interest - 11.50%
✅ Guarantor - 2 (Income Tax Payer & Property Holder)
✅ Membership - A Class with 2.5%
✅ Security - Stock, Trade, Debts, collateral Property
Purpose of Loan
⇒ Managing Working Capital Requirements
⇒ Purchase of Stock & Raw Materials
⇒ Payment to Suppliers & Creditors
⇒ Meeting Short-Term Business Expenses
⇒ Handling Seasonal Demand Fluctuations
Eligibility Criteria
⇒ Proprietorship Firms
⇒ Partnership Firms
⇒ MSMEs & Small Businesses
⇒ Traders & Service Providers
⇒ Applicants with stable business operations and satisfactory banking history
⇒ Traders, Engineers, Contractors, Businessmen
Documents Required
⇒ KYC Documents (Aadhaar Card / PAN Card)
⇒ Business Registration Proof
⇒ GST Registration (if applicable)
⇒ Bank Statements (Last 6–12 Months)
⇒ Income Tax Returns / Financial Statements
⇒ Stock & Debtors Statement (if required)
⇒ Financial Statement of Nearest Year
⇒ Stock Statement, Debtors-creditors List
⇒ Property abstract with search and valuation
Why Choose Pravara Sahakari Bank?
⇒ Trusted Cooperative Banking Institution
⇒ Quick Sanction & Disbursement
⇒ Transparent Terms & Conditions
⇒ Personalized Support for Local Businesses
⇒ Customer-Friendly Banking Services