Overdraft Facility

This loan product helps individuals, small medium entrepreneurs and corporate customers to bridge the financial gap arising from mismatch of receipts or payments.

Terms & conditions of loan

  • Loan amount must be maximum 60% of collateral valuation by Bank approved valuers.
  • Collateralized by property with title documentation
  • Minimum of three months original bank statements with bank stamps (no Mini statements)
  • Applicants are required to have a Centenary Bank Limited account for at least 3 months
  • Loan amount can be above MWK100,000,000

How to apply

  • Projected cash flows.
  • Credit reference bureau report.
  • Debtors age analysis.
  • Latest management accounts from the business.
  • Financial statements
Enter Amount you would like to borrow for the Overdraft Facility
MK 50k
MK 100MM
Borrowing MWK
Overdraft Facility
Cost/Monthly Payment
MK 0

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