Bank Overdraft
Very short term credit facility designed to meet the Bank customers' urgent day-to-day cash requirements for their business transactions. The facility is renewable based on borrower's credit history with the Bank.
Basic Requirements::
- Current account with the bank.
- Application fee of UShs. 15,000.
- Completed Overdraft facility application form.
- Collateral for securing the loan.
Benefits:
- Faster processing speed.
- Available funds for emergency cash needs.
- Multiple disbursements allowed.
- Offers greater financial flexibility.