overdraft

Overdraft

Enjoy greater flexibility with immediate access to funding

Overdraft

Enjoy greater flexibility with immediate access to funding

At a Glance
An efficient way to access funds for business growth

Boost Cashflow

Access additional funds immediately when you need them most

Flexibility

Only incur interest charges when you actually use the facility

Convenient to Track

Manage your finances easily with IDEAL

How to Apply

Please contact DBS BusinessCare by calling 1500380 (Indonesia) or +6221 8082 6902 (Overseas) on Monday to Friday (except public holidays), between 08:00 - 17.00 and our Relationship Manager will be glad to assist you.

You may need to provide the following documents :

  1. Your Basic Information (BI)
  2. Purpose of credit facility
  3. Financial statement
  4. Copies of bank statement
  5. Appraisal report
  6. Legal documents - Deed of Establishment, Company Registration information, Business Licenses, Work contracts
  7. Collateral documents
FAQs
What are the acceptable types of collaterals I can use?

If you have properties and fixed deposits, you may use them to secure an overdraft.
How quickly do I have to pay it back?

There is no fixed repayment schedule as this is a revolving line of credit.
Do I need to have an account with DBS in order to use my overdraft facility?

Yes, you will need a DBS Business Account. Please refer to our Business Accounts page for more details.
How will i know if my application has been approved?

We will send you a letter of offering upon the completion of your application processing.

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