Corporate Overdraft Loan

Overdraft loan facility is a types of loan facility which is issued for the purpose of managing of working capital by corporates and is subject to monthly interest payment. In this types of loan facility the bank approve specific loan amount for one year.

Overdraft facility of the customer will be created as current account of the borrower and all transactions including turnover and calculation of interest for the borrower must be recorded in borrowers loan account and the customer are required to perform mandatory 5 days cleanup for one time and maintain turnover in loan account more than two times of principal amount

This credit facility can help you meet your day-to-day financial obligations and fund your business’ growth drives.

To find out more about how we can help your business, contact our credit experts at:

+93 (0) 20 210 22 19