Salary Advance

1.This is one (1) month overdraft facility granted to an employee who collects his/her salary through the bank.

2.A commission of 12% shall be charged on amount granted.

3.Repayment shall be made within or at the end of the month upon receipt of applicant’s salary.

4.A customer can enjoy this facility even if the customer has been granted a loan facility which is being repaid.