PERSONAL LOAN
This product is specifically targeted for Civil servants and other salary account holders to provide bridging finances and credit facilities to attend to personal needs.
FEATURES/BENEFITS
- Minimum initial deposit of N2,000.00 to open account.
- Access to overdraft up to 50% of monthly
- salary to be repaid from the next salary. Access to higher cash loan/consumable.
- Employer’s guarantee required for credit facilities
- Maximum deduction of 33.33% of monthly salary.
- Maximum tenor of 12 months for loan facilities.
- Affordable interest.