Secured Overdraft

SME Secured Overdraft is a Sharia compliant overdraft facility designed specifically for SMEs to meet working capital needs.


  • Flexibility to draw funds at own convenience
  • Financing cost proportionate to the facility utilization
  • A flexible way to meet regular cash flow requirements

Purpose of facility

  • Pay salaries
  • Pay rent
  • Meet other running expenses

Key Product Features

  • Max Finance amount: upto SAR 12 million
  • Facility valid for one year with annual renewal
  • Acceptable Collateral includes Cash/ Term Deposits, Bank Payment Guarantees and Shares


  • Any business – establishment, general partnership or limited liability company which has been in business for more than 3 years
  • Business turnover between SAR 1 million and SAR 30 million

Bank terms and conditions apply.

Next Steps

Please contact our SME Centers to fix a convenient appointment with our sales staff who will be pleased to visit you at your office.