Overdraft Credit is a form of short-term lending that entitles the holder of a Bank plastic card to use funds that exceed the amount of the balance on the Bank plastic card account when making payments for goods (works, services).

The overdraft is issued in the national currency of the Republic of Uzbekistan.

Overdraft is provided by a Bank plastic card issued by a commercial Bank for settlements on payment of wages and pensions.

The overdraft shall be provided based on the information about the income of an individual (client) in the amount of single sum average monthly salary (pension) for a period of up to 12 months on a revolving basis under condition of a phased refund:

- the grace period for repayment of the principal shall be 10 months, the principal is repaid in equal shares in the last 2 months of the loan;

- interest on the loan shall be repaid monthly, interest is accrued on the used funds of the allocated limit.

The interest rate on the loan shall be 30 % per annum;

To obtain a loan, the borrower shall submit the following documents:

•   Application for a loan;

•   Passport;

*   Certificate from permanent employment indicating the salary for the last year (but not less than 3 months' salary);