Overdraft

This type of loan is for long-term clients that have a current account, usually with a payment card, at Fio banka.

Interest rates for overdrafts are significantly better than the regular charges for overdrawing an account (negative balance). An overdraft is provided for a current account after a client's application has been reviewed.

  •  A client must have a trouble-free and active history at Fio banka (active = regular credits to the account)
  • Applications are usually placed after three months of active account use
  • The longer a client is with the bank and the higher the turnover on the account the larger loan can be provided
  • We can provide you with up to CZK 6,000,000
  • Loans up to CZK 50,000 do not require any co-signer
  • A client can use these funds for any purpose
  • Interest is charged daily on the drawn amounts

How much does an overdraft cost?

Three tariffs are available. Fees are composed of the origination fee and interest from the drawn loan amounts.

Overdraft CZK

Annual interest Delivery fee Min. delivery
Tariff 1 8,30 % 4,00 % 100
Tariff 2 14,30 % 1,00 % 100
Tariff 3 18,90 % 0,00 % 0

Overdraft EUR

Annual interest Delivery fee Min. delivery
Tariff 1 9,50 % 4,00 % 10
Tariff 2 15,50 % 1,00 % 10
Tariff 3 18,90 % 0,00 % 0

Business overdraft

Get a financial reserve for your business. You can spend it any time, on anything and repeatedly.

The base interest rate starts at 11.5 % for CZK and 9.9 % for EUR. If repayment is problem free, your rate decreases each year up to 7 % for CZK and 4.9 % for EUR overdrafts.

Advantageous segmented interest rate - the basic interest rate for a portion of the loan over CZK 300 000 is 9.5 %, with a possibility to decrease the interest up to 5 %. For a portion of the loan over EUR 10 000 is 7.9 %, with a possibility to decrease the interest up to 2.9 %.

Business overdraft is completely free of charge and is made available to both new and existing clients.

Business overdraft is intended for natural persons - entrepreneurs and legal entities.  
We offer our clients a personal overdraft, at three different rates.

Advantages of a business overdraft

  • Establishment and management of the loan is free of charge
  • You get the money whenever you need it
  • You can use it for any purpose
  • When repaid properly the interest rate starts at 7 % for CZK and 4.9 % for EUR,
  • Part of the loan over CZK 300 000 with interest from 5 % and for the part over EUR 10 000 from 2.9 %
  • You pay the interest only from the borrowed amount
  • You can borrow from CZK 5 000 to CZK 6 000 000
  • Loans from EUR 200 to 220 000 also available
  • For a business account

Business overdraft in CZK

part up to 300 000 CZK part over 300 000 CZK
Annual interest (p.a.) 15,00 % 13,00 %

Business overdraft in EUR

part up to 10 000 EUR part over 10 000 EUR
Annual interest (p.a.) 9,90 % 7,90 %

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