Flexible & hassle-free

Some months are more expensive than the others. This is why our Overdraft Facility can be a real lifesaver when you need to smooth out your cash flow. It's flexible, convenient and can be arranged for a specific period of up to 12 months.

alt text

Why Do You Need Overdrafts?

Life can be unpredictable, and sometimes we need a little extra help to get by. That's where our Overdraft Facility comes in. It's like having a financial safety net that you can rely on when you need it the most. With this service, you can withdraw more money than you have in your bank account (up to a certain limit), giving you the flexibility to handle unexpected expenses or cover you until your next paycheck.

info

How Does Our Overdraft Facility Work?

Our Overdraft Facility is designed to make your life easier. It's super flexible and simple to use, so you can get the help you need without any hassle. You can arrange the facility for any period up to 12 months, based on your specific needs. You can access your overdraft through your RAKBANK Account or an ATM, giving you easy access to emergency funds whenever you need them. With this service, rest assured you have the security you need during tough times. 

 

For more information about overdraft fees and interest rates, click on the link below.

FAQs

We’re here to help

RAKBANK App

Bank on the go anytime, anywhere

Discover the RAKBANK App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

App Store
Loading...