Overdraft | GTBank Tanzania

This is short term financing not exceeding 12 months intended to support working capital. It Finances short term finance needs occurring during the intervals between receipt of proceeds and the payment period in the context of the asset conversion cycle.

Key Features

  • The facility can be renewed based on performance.
  • Used for working capital purposes only.
  • Interest is calculated daily based on the maximum balance used per day.
  • The facility is subject to annual review.