Working Capital

Bank Overdraft

Enjoy greater flexibility with immediate access to funding

Access funds quickly and easily with a DBS Overdraft facility. This revolving line of credit frees up cash that can be invested back into the business in order to help you grow. Interest is only charged on the amount you have actually used, which makes this a low-cost financing solution that is easy to manage.

 

Why choose DBS Overdraft?

  • Access additional funds immediately when you need them most
  • Manage your costs easily. You only incur interest charges when you actually use the facility
  • Manage your finances easily with IDEAL™, our online banking platform

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.

 

How do I apply?

You may apply by calling our DBS Indonesia Customer Centre at 1500 327 or 69 327 (if using a mobile phone) or simply visit one of our branches and our Relationship Manager will be glad to assist you.

You may need to provide the following documents:

  • Your Basic Information (BI)
  • Purpose of credit facility
  • Financial statement
  • Copies of bank statement
  • Appraisal report
  • Legal documents - Deed of Establishment, Company Registration information, Business Licenses, Work contracts
  • Collateral documents
Working Capital Tool
Working Capital Tool

Learn how to get more operating cash flow for your business.

Optimise Cash Flow