Get extra fund with Overdraft | Personal Financing

HSBC Personal Overdraft

Whenever you need extra funds, HSBC’s Personal Overdraft can provide you with flexible access to standby credit.

Get up to RM5,000,000 overdraft limit (minimum RM10,000)
Overdraft limit up to 100% of your secured HSBC Time Deposit amount
Interest is only charged on the utilised amount of the overdraft and calculated on a daily basis
No fixed instalment obligation – only need to service the monthly interest
Repaid principal amount can be withdrawn again

Are you eligible?

To be eligible for an HSBC Personal Overdraft, you need to be:

Find your nearest branch and apply for an overdraft in person.

To find out what documentation you'll need to bring, please see the documents required section below.

For applicants with a regular income:

Copy of your NRIC
Copy of your latest 1 month pay slip / copy of your latest 3 months Bank Statement showing salary credit into your account; or latest Form BE (full submission to the income tax department with payment receipts attached) / EA form / EPF statement not exceeding 12 months old
Copy of an Appointment letter OR Confirmation stating salary/allowances (at least 3 months in service)

For applicants with a varied income:

Copy of your NRIC
Copy of your latest 1 month pay slip or 3 months commission slips / copy of your 3 months Bank Statement showing salary/payment credits into the account
Latest Form BE (full submission to the income tax department with payment receipts attached) / EPF statement not exceeding 12 months old / copy of your yearly commission statements from your employer

For applicants who are self-employed:

Copy of your NRIC
Copy of latest Form B / e-tax form (full submission to the income tax department with payment receipts, or CPO2 attached) / EPF Statement not exceeding 12 months old / copy of your audited financial statement
Business Registration Form (Borang B&D) (latest 2 years) and must evidence in business for at least 2 years
Additional documents such as latest 6 months business bank statements / proprietor’s bank statements & Latest 6 months personal bank statements