Interest Rates
Competitive rates on a reducing balance
Payment Period
A maximum of one (1) year
Collateral/Security For Loan
Assignment of Salary or other income
Documents Required
- Valid National Identification Card or Passport or Driver’s License
- Proof of address – Recent utility bill (3 months) or postmarked letter or valid Driver’s License
- Employment letter stating current position, date of employment, salary and other cash benefits
- If self employed, statement of income and expenses or affidavit of income
- TIN Certificate or Valid Driver’s License with TIN
- ‘Quotations’ from Institution of Learning if applying for an education loan
- Statement from other financial institutions, including Hire Purchase Agreements (If applicable) or loan accounts showing balances and monthly installments payable