Pay Day Plus (Salary Bonus)

ADB offers salaried workers the unique opportunity for an overdraft between Ghs 100 to GHS 20,000 to finance short term monthly needs, bulk purchasing item or for domestic purchase needs.

The customer must be a registered salaried worker of an appraised institution and receiving continual salary for 6 months prior to qualifying to access facility. The customer should not be defaulting in any facility at any other financial institution.

Features

• The minimum salary should be GHS 500
• The tenure is 30 Days ≤ Period ≤ 12 Months
• Minimum overdraft/Limit = GHS 100, Maximum Overdraft/Limit = GHS 20,000
• KYC Documentation for new to bank customers
• Customers complete application form from branch
• Interest is ADB base rate + 9% per annum
• Overdraft arrangement fee = 1% of amount
• Insurance cover prior to setting of limit - 1% of Overdraft Limit