This is a credit facility designed to meet various personal needs. The loan can be a short term up to 6 months or a long term up to 60 months. A personal loan can be used for paying school fees, acquiring new furniture or paying for medical expenses.
Requirements
- Pay slips and employers confirmations needed
- Application letter
- Regular income earners and salary directly to customer’s account for 12 months.
- Amount- on customer’s requirement and governed by salary level
- Interest linked to ruling prime rate
- Repayments- monthly and tailored according to customer’s circumstances.