With FlexiOverdraft, you can leverage your assets to secure an overdraft that best suits your needs. Simply choose:
Fixed Deposit Overdraft, which is secured against your Fixed Deposits with the Bank.
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In addition, FlexiOverdraft gives you better control over your finances as you can 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.