Enjoy up to 70% of net income offered as an overdraft.
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Make It Happen with a Standard Chartered Overdraft

Seven days to pay day and it is one of those months where expenses have been unusually high. Have you wished for a bank account that allowed you to overdraw at the time of need and help tide you over the last few days of a difficult month? With the Standard Chartered overdraft (which is tagged to your salary account), you will always have access to cash when you need it.


  • The overdraft facility is linked to your Standard Chartered salary account
  • The facility can either be used through a debit card or through a cheque transaction on your current account
  • Both Unsecured and Secured overdraft facilities are available
  • Enjoy up to 70% of net income offered as an overdraft subject to a maximum of KES 400,000
  • Get peace-of-mind knowing money is available whenever you need it
  • Fast and hassle-free processing


Documents Required
  • Salaried with a minimum gross salary of KES 75,000 per month*
  • For the overdraft facility, a salary account with Standard Chartered Bank is required
  • Introduction letter from employer on company letterhead
  • Proof of income (certified copy of pay slip) and last 6 months bank statement (for new accounts)
  • Copy of ID / passport
  • 1 passport sized photograph for new to bank customers

How to Apply

Call our Contact Centre on: (020) 3293900 / +254 703093900 or visit any of our branches for more information.


What are the fees and charges on the overdraft facility?

There are no monthly fees or charges on the overdraft facility. Interest charges are levied only when you utilize the overdraft and only for the number of days and the amount that the facility is utilized.

How long does it take for an overdraft to be approved?

Once your overdraft application is received at the branch, we will acknowledge receipt of your application through SMS. It takes 24 hours for us to advise you on the status of your overdraft application and we would normally process your facility in 3 days provided all the documents have been submitted along with the application form.

Do I have to have an account with Standard Chartered Bank to apply for an Unsecured overdraft?

Yes, you need to bank with us. If you don't have an account with us, you can apply for the overdraft with a letter of confirmation from your employer that they will transfer your salary to your newly opened Standard Chartered Current Account and we will then set up your salary overdraft.

Do I need to have credit life insurance on the overdraft?

No, insurance cover is required on this overdraft facility.

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(020) 329 3900

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