Secured overdraft is a facility that's based on any investments or deposits you have with us. It's like breaking your time deposit or investment, without losing out on the interest or returns.
Here's what you get:
- Borrow upwards from a minimum of AED 25,000
- Available in UAE dirhams, USD & GBP
- Attractive Interest Rates
- Free debit card and a cheque book – your overdraft is set up on your HSBC Current Account.
- Available from 3 months to 1 year.
- Renewable every year.
- Valid Emirates ID required
- You're at least 21 years of age.
- You have an HSBC Current account
- You have an HSBC Term-Deposit or an HSBC Investment in the UAE.
Get immediate access to funds, for whatever you need, when you need it