FEATURES

• Monthly repayment
• Highly competitive interest rate
• Quick access to facility
• Maximum tenor of 12 months
• Monthly loan repayment amount must not be more than one-third of net monthly salary

ELIGIBILITY

• Borrower must have an account with the bank
• Borrower must be an employee of a well-structured organization
• Borrower must be between the age of 18 and 55 years
• Borrower must be a confirmed staff of the organization

REQUIREMENTS

• Duly completed loan application form
• Provision of a valid means of identification of the borrower and the guarantor
• Recent utility bill not more than 6 months
• Two recent passport photograph of borrower and the guarantor
• Six months bank account statement up to application date of the borrower and a guarantor who must be a senior colleague
• Letters of employment and confirmation of the borrower
• Duly signed cheque leaves of the borrower and the guarantor