Solution information

General information

  • Customers are allowed to overspend the actual balance on their deposit account.
  • The maximum deposit terms is 12 months. 
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Benefits

  • Addresing the need for unexpected capital requirements. 
  • Simple and quick loan application process: Customers only need to submit one set of documents for multiple loan withdrawals. 
  • No need for separate withdrawal procedure for each disbursement. 
  • Automatic principle repayment upon funds transfer to the deposit account, minimising interest costs for customers. 
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