Overdraft facility

Legal information

Overdraft facility

Legal information

The KBC Budget Facility is a credit facility in the form of an authorised debit balance on an account. Subject to your credit application being approved by KBC Bank NV. Lender: KBC Bank NV, Havenlaan 2, 1080 Brussels, VAT BE 0462.920.226, RLP Brussels.

The annual percentage rate of charge is calculated on the basis of the full and immediate drawdown of this credit facility at a debit interest rate that remains the same for three months. The principal is to be repaid after three 'equal' months. The first interest payment is made after one day, the second after three equal months.

Borrowers up to the age of 25 get a special rate.