Bank Overdraft Loan

A loan in the form of overdraft on current account

  • an effective tool of flexible cash flow management
  • provides readily available resources to cover operational needs 24 hours a day 365 days a year without having to visit bank premises
  • it is not necessary to prove the purpose of use of funds
  • the loan is repaid continuously and automatically by crediting of received payments to the account
  • the repaid part of the loan can be re-drawn to the date of its final maturity

Bank Overdraft Advantages

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