Overdraft with collateral

Thấu chi có tài sản đảm bảo
Thấu chi có tài sản đảm bảo
Overdraft with collateral
Product can timely response to short-term capital shortage with flexibility of capital withdrawal and collateral.

Outstanding features

Timely

Timely response to short-term capital

Efficiency

Automatically clear principal debt, reduce interest

Flexible

Diversity of collaterals

Utilities

  • Timely response to short-term capital shortage with flexible capital withdrawal methods.
  • Automatically clear principal debt as money is transferred to payment accounts, minimising interest costs.
The overdraft with collateral product offered by Sacombank enables businesses to quickly cover their short-term capital needs.

The overdraft with collateral product offered by Sacombank enables businesses to quickly cover their short-term capital needs.

Features

  • Overdraft limit term up to 12 months.
  • Overdraft currency: VND.
  • Diversity of collaterals.
  • Debt payment methods: monthly debt payment, principal debt payment as statement is incurred in Customer's payment accounts.

FAQs

1

What is the maximum amount of overdraft limit?

Up to Enterprise's demands.

2

Do loans require collateral?

Enterprises can mortgage with deposit balance, real estates, means of transportation or other collaterals.

3

How to calculate overdraft interest?

Overdraft interest is calculated by the amount of overdraft money and the number of actual days Enterprises using overdraft limit.

4

What enterprise's use of overdraft limit is for?

Used by enterprises to complement working capital.

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