Overdraft Facility
Pay on only what you use
Features
- Borrow funds to best suit your work flow cycle.
- Interest is charged on only utilized funds.
- One time Processing fee of 1%.
- No appraisal fee.
- Flexible and competitive rates.
- Facility is reviewed after every 12 months.
Do you need more clarification about our Overdraft Facility?
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I Want To Know MoreFrequently Asked Question
The Prime Bank Overdraft Facility is a flexible lending solution that allows customers to borrow funds to suit their workflow cycle. It is designed to provide access to funds when needed, while interest is charged only on the amount actually utilized. This makes the facility suitable for customers seeking flexible financing support. For more information about the overdraft facility, you can contact Prime Bank for further assistance.
Interest on the Prime Bank Overdraft Facility is charged only on the funds that you actually utilize. This means customers are not charged interest on the full approved overdraft amount if they do not use all of it. The facility is designed to provide flexible access to funds based on your workflow cycle. Contact Prime Bank for further clarification on the applicable terms.
The Prime Bank Overdraft Facility has a one-time processing fee of 1%. There is also no appraisal fee associated with the facility. These charges are important to consider when evaluating an overdraft as a financing option. If you need more information about the processing fee or other terms related to the facility, Prime Bank’s experts can provide further clarification.
The Prime Bank Overdraft Facility is reviewed every 12 months. This means the facility undergoes a periodic review after each 12-month period. The overdraft also offers flexible and competitive rates, helping customers access financing that suits their workflow cycle. If you have questions about the review process or the facility’s terms, you can contact Prime Bank for more information.
Key features of the Prime Bank Overdraft Facility include the ability to borrow funds to suit your workflow cycle, interest charged only on utilized funds, a one-time processing fee of 1%, and no appraisal fee. The facility also offers flexible and competitive rates and is reviewed every 12 months. Customers seeking more clarification can submit an enquiry form for assistance from a Prime Bank expert.