Overdraft lending
expand employee social package with additional bank services.
The bank draws free overdraft protection on employees’ bankcard accounts and provides commission-free withdrawal of credited funds.
The bank offers favorable terms and conditions for a card overdraft to the employees of companies which are the Bank’s corporate customers:
- an overdraft limit is individually set in rubles for each employee*;
- an overdraft is set for one year and can be tacitly extended;
- overdraft debt repayment and interest payment should be effected within 180 days from the incurrence of debt;
- overdraft documentation is free of charge;
- withdrawal of credited funds at ATMs and bank offices is free of charge.
The bank charges interest only on the actual amount of credit spent. Once the debt has been repaid, no interest is charged, and the employee’s lending limit is reinstated in full.
Both credit and interest accrued can be repaid automatically at the cost of future cash inflows (salary and other payments for the next month).
In order to draw an overdraft credit on a bank card account, company employees are required only to contact the company’s authorized officer once to receive a Revocable Offer and sign a register.
In addition to overdraft, the bank invites payroll cardholders to draw the Mobile Banking Services and ONLINE Bank Cards, allowing the employee to obtain transaction data and available account balance of owned and borrowed funds on the card account at any time.
The bank provides employees of corporate clients with a set of individual services.
Further information regarding bank services for employees of corporate clients can be obtained by calling the bank hotline at (495) 777-34-77 or Customer Information Support at (495) 921-21-01.