Overdraft Facility
Our Overdraft Facility provides customers with flexible access to additional funds whenever their account balance is insufficient. It is designed to help individuals and businesses meet short-term cash flow needs, manage unexpected expenses, and maintain smooth day-to-day operations.
The facility allows eligible customers to withdraw funds beyond the available balance in their account, up to an approved overdraft limit.
Features
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Available to eligible individuals, traders, businesses, and corporate customers.
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Applicant must maintain an active account with Anum Community Bank PLC.
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Overdraft limit is determined based on the customer's account activity, income, repayment capacity, and credit assessment.
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The facility may be secured by a cash lien, guarantors, landed property, or any other security acceptable to the Bank.
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Interest is charged only on the amount utilised, in accordance with the Bank's approved rates.
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The overdraft is subject to periodic review and renewal, where applicable.
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Additional documentation may be required in accordance with the Bank's Know Your Customer (KYC) and credit requirements.
Benefits
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Convenient access to additional funds when needed.
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Helps manage temporary cash flow shortages.
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Interest is charged only on the amount used.
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Flexible borrowing within the approved overdraft limit.
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Supports uninterrupted personal or business operations.
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Quick access to funds, subject to approval.
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Dedicated customer support and financial advisory services.
Products & Services
We are here for you. Get in Touch!
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Call Us on
0248636324