Product Detail

SCBM's Overdraft service provides a credit line that lets your company withdraw more than the balance on its current account, within the limits specified by the Bank, to help maintain working capital and liquidity.

Highlights

Convenient withdrawal by cheque, bank account, and other channels

Convenient withdrawal by cheque, bank account, and other channels

Pay your partners on time

Pay your partners on time

Pay interest only on the amount of overdraft

Pay interest only on the amount of overdraft

Qualifications

  • Good financial history
  • Business track record. (Number of years depends on type of business.)

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