Arranged overdraft (KBC Budget Facility)

Up to 750 euros
overdrawn with no fixed charges
  • Unexpected costs? Make the payment with peace of mind
  • You don't pay anything if you don't overdraw your account
  • Arrange things quickly and easily online in KBC Mobile or KBC Touch
Go temporarily overdrawn on your account

Access to additional funds can come in handy at times

It could be that you want to make a large payment or allow yourself something extra, but you aren't sure whether your salary has been paid into your account. Or you urgently need to pay a large bill, but you've noticed last month's spend on your credit card has just been debited from your account. With a cash reserve or KBC Budget Facility, you can go overdrawn by up to 750 euros.

Everything you need to know about the KBC Budget Facility

How long can you be overdrawn?

If you go overdrawn, you have exactly one month to clear your debit balance. Once your account has been back in credit for at least one day, you can dip into your overdraft facility again.

(Your KBC Budget Facility contract continues as before, unless you cancel it one month in advance by registered post).

How much does it cost to go overdrawn?

You only pay for the amount you're overdrawn by and the days your account is overdrawn. We charge interest at a rate of 9.39% on the amount you're overdrawn by. For instance, if you go 100 euros overdrawn for two days, you pay interest of just 0.05 euros.

When is the interest calculated?

Every three months, we calculate how much interest you have to pay. If it's more than 2.50 euros, it'll be automatically deducted from your current account. If it's 2.50 euros or less, it'll be added to any interest for the next three-month period.

Choose your own account

Link your KBC Budget Facility to a KBC Basic Account or a KBC Plus Account. If you're self-employed and have business expenses, you can link your business account to a KBC Business Budget Facility.

Want to go overdrawn by more than 750 euros or spread your repayments over time?

If you'd like to increase your overdraft facility or clear it over several months instead of one, get in touch with KBC Live or drop by your local branch.


  KBC Budget Facility
If you activate the KBC Budget Facility but don't use it Free of charge
Interest rate if you use the KBC Budget Facility 9.39% on the amount you're overdrawn by

Remember, borrowing money also costs money.

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 specified amount of credit and on the assumptions of full and immediate drawdown of  the credit facility, the specified debit interest rate remains unchanged, the credit facility lasts for three months, the principal is repaid and debit interest is paid  after three equal months.