Meet immediate financing needs with our overdraft solutions.

• Want to consolidate and pay-off all your high interest credit bills?
• Seek immediate funds for the crucial down payment on your dream home?
• Need fast financing for that emergency medical procedure?

At Standard Chartered, we can help you fulfill all your commitments and more!

If you do come across the need for immediate financing at short notice, our overdraft facilities can help you tide through that difficult situation. Our OptiOverdraft and FlexiOverdraft packages will give you the flexibility you need so you can find a solution that’s right for you

OptiOverdraft For the first time in Malaysia, an overdraft facility is pegged to the Kuala Lumpur Inter-Bank Offered Rates (KLIBOR)* ensuring you enjoy lower than the average market financing rates every time. What’s more, even though KLIBOR* fluctuates daily, you get to enjoy a fixed rate on a quarterly basis so you are protected from the unexpected. * Based on 3-month KLIBOR
FlexiOverdraft Enjoy even more options. Get immediate access to cash by pledging your loan to different securities ranging from Properties to Unit Trust or Fixed Deposits. Alternatively, you can even opt for a Clean Overdraft.

Our overdraft facilities do not saddle you down with fixed monthly deductions or a specific time frame within which you need to settle your overdraft payment. All you have to do is service the monthly interest and settle the principal as and when you desire. What’s more, interest is calculated on a daily rest basis. This means that the more you pay up on your principal, the lower the interest charges.

In addition, FlexiOverdraft and OptiOverdraft give you better control over your finances as they allow you to take up any amount of your facility, up to your full overdraft limit, without unnecessary additional charges. You save by paying interest only on the amount utilised.**

**In accordance with Rules of Association of Banks in Malaysia, a commitment fee of up to 1%p.a. shall be levied on the unutilised portion of the approved overdraft limits in excess of RM250,000. The overdraft facility is subjected to terms and conditions and approval is at the Bank’s absolute discretion.

For more information on our overdraft facilities:

Talk to us at  03 7718 9688

Locate a branch near you

*Terms and conditions apply. The Bank reserves the right to amend the facilities, and terms and conditions with or without notice.