Overdraft is the amount of withdrawal that exceeds the funds available on the checking account; negative account caused by a customer who writes a check that exceeds the number of funds in his account; in accordance with the provisions, withdrawals that exceed funds are a debt so that it can be reported as a credit expansion; banks are not required to provide overdrafts; however, they often make exceptions for customers who have good relations; bank customers who obtain an overdraft facility can withdraw funds or check the amount needed every time without worrying that their checks are rejected or they have to pay overdraft fines.

The Overdraft Facility is a product that offers loans with guaranteed product choices such as time deposits, mutual funds, retail bonds, and life insurance financing.