
Overdrafts
For the short-term financing of your business, ZICB offers an overdraft facility.

Overdrafts
For the short-term financing of your business, ZICB offers an overdraft facility.
Overview
For the short-term financing of your business, ZICB offers an overdraft facility. This is a fluctuating loan that is designed to meet your business need for short term finance. The loan can be structured for tenure between 3 months and 24 months depending on the financing needs of your business.
Features and benefits
- Interest rate is linked to MPC
- Interest is calculated daily and charged only on the amount of the overdraft used.
- You determine how much you want to borrow based on the capacity of the business and projected cash flows.
- Flexible repayment schedule – weekly, monthly, bi-annual, annual – depending on your business cycle and cash flows.
Contact your Relationship Manager or visit your nearest ZICB branch.
Our Address
Zambia Industrial Commercial Bank Ltd
Head Quarters
Head Quarters
Email Address
Phone Number
Tel:
+26 (0) 211 227 273 /
+26 (0) 211 233 707 |
Fax:
+26 (0) 211 227 274
Call Centre
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