GST Overdraft (collateral free)


HDFC Bank GST Overdraft facility is one of the most convenient ways of addressing your day-to-day working capital, short-term funding needs and cash flow requirements. HDFC Bank's Current Account customers can use the GST Overdraft facility through an easy and fast process. Our GST Overdraft credit limit is calculated based on your GST return and remains at your disposal in times of need. 


With minimal eligibility and documentation criteria involved, even small businesses can enjoy smooth working capital management by utilising the GST Overdraft facility. With interest calculated on credit utilisation, it proves to be a very cost-effective source of funds as well. 

Features & Benefits

​​​​​​​Here’s why you must apply for a GST Overdraft facility for your business: 

  • It offers an overdraft facility of up to ₹ 1 crore 
  • It is a collateral-free credit facility 
  • The credit limit is based on GST returns, and no financials are required 
  • It has a hassle-free documentation process, followed by a quick approval of the credit limit 
  • Interest is charged on the utilised amount and not on the approved amount 

Eligibility and Documentation 

For registered micro and small businesses that file GST returns regularly, getting an overdraft facility is easy:  

  • It is available to micro and small businesses 
  • The business must have a valid Udyam Registration Certificate 
  • The business must be at least three years old 
  • GST returns for the last 36 months are required 
  • The customer must be a Current Account holder for at least one year 


Get one of the best short-term sources of finance for your business. Talk to an HDFC Bank staff today.