Overdraft

Overdraw your Current Account to help manage any short term borrowing need

Features and benefits

  • Against Salary (Qataris only) : Temporary overdraft available against your monthly salary assigned to your Ahlibank Current Account and to be repaid at the end of the same month
  • Against Deposits: Borrow up to 90% of your balances held in:
    • Al Rabeh Savings Account
    • Al Rabeh Savings Certificates
    • Ultra Savings Account
    • Term Deposits
The facility is available for up to 12 months and thereafter renewable annually (also a 1 month temporary facility is available)
30 minutes approval

Useful information

Qataris:
  • Above 18 years of age at the time of application and not older than 60 years at the time the facility matures
  • Against Salary
    • Earn a minimum monthly salary of QAR 6,000 assigned to your Ahlibank account
    • If approved, available immediately from any branch
  • Against Deposits
    • Borrow up to 90% of the value of your deposits held with Ahlibank
    • If approved, your account will be credited within 2 working days

Expatriates:
  • Above 21 years of age at the time of application and not older than 60 years at the time the facility matures
  • Against Deposits
    • Borrow up to 90% of the value of your deposits held with Ahlibank
    • If approved, your account will be credited within 2 working days
  • Complete an application form at any of our branches
  • Provide the documents listed below
  • If your application is approved, you will be contacted by your branch
Qataris
  • Valid Qatar ID Card
  • Completed application and pledge form available at any branch

Expatriates
  • Valid Qatar ID Card
  • Passport with valid resident permit
  • Completed application and pledge form available at any branch
Download Fees and Charges here
 
Download Terms and Conditions here
 
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