Grow into your greatness, bank with us!
What is a Pre-Approved Personal Overdraft?
Unlike the regular overdraft, the pre-approved overdraft only requires a single application and draw down can be done as and when required. The facility is available to Private Banking clients only and may be obtained on current accounts in either Kwacha (ZMW) or United States Dollar (USD). The facility can be secured using your existing fixed deposit funds held with the Bank or unsecured as long as your regular earnings or monthly salary are remitted to your current account held with the Bank.
How to get it and what to expect
The following are the necessary requirements to apply.
- 50% of net monthly income for unsecured facilities.
- 90% of the Fixed Deposit held with the Bank or 80% if held in different currency
Features of Pre-approved Personal Overdraft Facility
Ts and Cs Apply
Call us on:
5000(MTN & Zamtel)
Email us at:
Zambia National Commercial Bank Plc
P.O Box 33611
© Zambia National Commercial Bank Plc