OVERVIEW
Our Personal Overdraft gives you ready access to additional funds to meet any emergency needs.
- Eligibility Criteria
- Required Documents
- Fees & Charges
- Terms & Conditions
-
Eligibility CriteriaEligibility Criteria
- Brunei Citizen or Brunei Permanent Resident with minimum monthly net income BND2,500
- Foreigner with minimum monthly net salary of BND3,000
- Between 21 and 50 years of age
- Employees of Brunei Government, semi-Government organization and private sector companies accepted by the Bank
Above criteria is subject to Baiduri Bank’s internal credit policy assessment. -
Required DocumentsRequired Documents
- Valid Brunei identity card
- Valid passport with valid Employment Pass permit*
- Latest salary slip
- Confirmation of employment for applicants under the employment of the Army, Police, Gurkha Reserve Unit, semi-Government organisations and private companies
- Latest Certificate of Balance and/or Clearance Letter (if salary account is with another bank)
*Applicable for ForeignerOther Terms & conditions apply -
Fees & ChargesFees & Charges
- Processing fee of BND200 Fee can be capitalized in the loan amount with an annual renewal fee of BND100
- Processing fee of BND200 Fee can be capitalized in the loan amount with an annual renewal fee of BND100
-
Terms & ConditionsTerms & Conditions
- Assignment of Salary/Income is required
- Approval is subject to the Bank’s credit assessment policies.
- All Lending rates are quoted at Effective Interest Rate regardless of method of computation used.
- Effective Interest Rate is pegged to the Bank’s Prime Lending Rate. Any change in Prime Lending Rate will result in a change in the applicable interest rate.
YOU MAY ALSO LIKE