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Omni-Trust Bank Kenya
Banking Made Simple

Overdraft Facility

Flexible revolving credit facility up to KES 10 million to manage cash flow gaps. Interest charged only on the utilized amount with no fixed repayment schedule.

Key Features

  • Facility up to KES 10,000,000
  • Interest on utilized amount only
  • No fixed repayment schedule
  • Annual renewal option
  • Property or debenture security
  • Same-day activation after approval

Rates & Charges

  • Renewal Fee: 1% annually
  • Interest Rate: 14% - 17% p.a.
  • Monitoring Fee: KES 500/month
  • Arrangement Fee: 1.5% of facility

Eligibility Requirements

  • Business operating 2+ years
  • Active business current account with Omni-Trust
  • Minimum monthly turnover KES 500,000
  • Acceptable security (property, debenture, or cash cover)
  • Clean credit record

Required Documents

  • 📋 Audited financial statements (2 years) — Bring to branch
  • 📋 6 months bank statements — Bring to branch
  • 📋 Business plan or cash flow projections — Bring to branch
  • 📋 Security documents (title deed or debenture) — Bring to branch

Frequently Asked Questions

Find answers to common questions about our services.

How is overdraft interest calculated?
Interest is charged daily only on the amount utilized (drawn down). If you have a KES 10M facility but only use KES 2M, interest is charged on KES 2M only.
The facility is reviewed annually. If your business performance is satisfactory, it is renewed automatically. Enhancements can be considered at renewal.
Yes, interim reviews for limit increases are possible upon provision of updated financials and justification for the higher limit.

Terms & Conditions

The Overdraft Facility is a revolving credit line subject to annual review and renewal. The Bank may demand full repayment of the utilized amount at any time with 30 days written notice. The facility is secured by collateral as agreed during origination.

Exceeding the approved limit without prior arrangement constitutes a breach of the facility terms and attracts excess interest at the contract rate plus 5%.

Ready to Get Started?

Open your Overdraft Facility today. Visit any branch or apply online.

Apply for Overdraft Facility

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