The Overdraft facility is a short-term financing tool designed for clients requiring temporary funds to address liquidity needs on a revolving basis.
The target group includes existing credit customers with arrears of less than 30 days, new credit customers with minimum of 2-years as operational customers at BKT, or new potential customers with sound financial positions.


General Conditions:

  • Loan Maturity - Maximum 12 months (Renewable upon Bank Approval Authorities).
  • Maximum Loan Amount - Up to 40% of annual credits and max 30% of annual turnover. In cases where the customer only has an Overdraft in BKT, the maximum limit can extend to 40% of the annual turnover.
  • Method of payment - Monthly interest payments and principal is paid at maturity.
  • Collateral: The guarantee used is the real estate mortgage.