Salary-secured Overdraft

An overdraft is secured by a claim to your salary, which must be paid into an account with the Bank. This facility gives you access to additional funds up to a pre-agreed limit, which are always available on flexible terms.




Up to 1 net monthly salary



Loan term

Up to 1 year


  • Transparent pricing – annual fixed interest rate.

  • Loan with no application fee.

  • Only pay interest on the amount used.

  • Revolving credit option.

  • Sale of a simple product – no sales of packages of additional services involving additional monthly expenses.

  • Clearly defined components of credit APR.

  • Credit with no early repayment fee.


  • The credit applicant must have worked for their current employer for at least 6 months.

  • The credit applicant must receive provable regular income.

  • The credit applicant must have a history of regular payments on their existing loans.

  • The credit applicant’s age must not be more than 65 years when the credit term expire.

How to apply

At a bank branch

Discuss the transaction with one of our consultants. Complete a credit application form and prepare the required documents.

Online enquiry

Complete the online enquiry form and one of our consultants will get back to you.

  • Copy of the credit applicant’s ID card.

  • Declaration regarding related persons – in the Bank’s standard form, if applicable.

The following must be submitted for any loan guarantors:

  • ID card copies.

  • Standard form of the guarantor’s civil status and loan liabilities.