Business Overdraft
Facility
The loan product is for sole proprietors, Small & Medium Entrepreneurs and corporate customers in bridging their financial gap, when need arises. A borrower must have had an account with the Bank for at least three months.
Key Features & Benefits
- Applicants are required to have a Centenary Bank Limited account for at least 3 months
- Mandatory credit life insurance.
- Loan amount must be maximum 60% of collateral valuation by Bank approved valuers.
- Maximum tenor is 12 months.
Locate a Branch
Find your preferred Branch easily. Just enter your location and we will show you the nearest outlet!
Plan your repayments
Loan Calculator
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Min 500,000 · Max 250,000,000
%
Indicative; the actual rate depends on your credit assessment.
Term used in calculation: 12 months
Total Payment
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- Total Interest Payable
- 702,652
- Monthly Installment
- 475,221
- Term
- 12 months
Illustration only. Actual repayments depend on credit assessment, fees, and prevailing rates. Subject to Centenary Bank Terms & Conditions.