Southeast Bank Limited
Phone: +880-2-9571115, 7160866, 9555466, 7173793
Fax: +880-2-9550093
Email: info@southeastbank.com.bd
Name
Overdraft
Description
This is a demand credit facility to meet day to day operational requirements. Suitable for short term credit requirements.
Benefit
- OD against hypothecation of stock of goods in trade / raw materials
- OD limit against assignment of bills receivables / work orders
- OD against cash collateral
- OD under earnest money scheme
- Tenure of OD is one year
- Easy Documentation.
- Lower Cost & Fast Processing
- Easy to use and easy to pay facility
- Freedom to use limit through Cheque Book, ATM, Online Transfer etc.
- Any branch banking facilities.
- Global limit exposure for the client
- Interest payable on the account utilized.
- OD limit against assignment of bills receivables / work orders
- OD against cash collateral
- OD under earnest money scheme
- Tenure of OD is one year
- Easy Documentation.
- Lower Cost & Fast Processing
- Easy to use and easy to pay facility
- Freedom to use limit through Cheque Book, ATM, Online Transfer etc.
- Any branch banking facilities.
- Global limit exposure for the client
- Interest payable on the account utilized.
Tenure
One Year
Interest Rate
13% p.a. at monthly / quarterly interests
Eligibility
A viable business case for OD facility Collateral securities
Details
Fees & Charges
- 13% p.a. at monthly / quarterly interests subject to change(s) that may be made by the Bank from time to time.
- Standard processing fee.
- 13% p.a. at monthly / quarterly interests subject to change(s) that may be made by the Bank from time to time.
- Standard processing fee.
Featured
Yes
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