Deposits are protected by Deposits Insurance CorporationLearn More

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
Loan
Borrowing MWK
For
Loan
Overdraft Facility
Cost/Monthly Payment
MK 0
Status
25%

Skip the Queues and Bank Conveniently

Open a New Account Now