Bank Overdraft

This is a very short-term credit for financing urgent cash requirements.

Product Features

Minimum amount offered is UShs 100,000

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Facility period is up to a maximum of 12 months

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Repayable through good account deposits.

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Interest is linked to the bank’s prime lending rate and charged on declining balance.

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Current account with the bank.

Completed Overdraft facility application form

Good Account Turnover

Payment of loan processing fees

Financial Card

Collateral for securing the loan

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