Debt Consolidation Loan
FEATURES
Interest rate of 1.5% orb
Loan will normally secured by unencumbered deposits/fixed deposits.
TERM
The repayment period for this loan ranges from 6 months to 9 years or up to age 60 of applicant not exceeding 9 years.
REFINANCING
Loan can be refinanced at any time.
PAYMENT
Loans will be disbursed within 7 days of approval.
Repayment will be through the authorization of salary deductions.
BENEFITS
- Competitive interest rate.
- Reduction in debt servicing.
- Money saved can be invested in a savings product.
