Consumer Loans
Our Consumer Care Loan Plan affords the customer a refreshing choice of items including:
- Washing Machines
- Refrigerators
- Stoves
- Televisions
- Computers
The amount of this loan will range from a minimum of $100,000 to a maximum of $250,000 and the customer is required to contribute 20% of the cost of the item. An interest rate of 17% per annum will be charged under this scheme with the maximum duration of this loan being 18 months. Instalments will be repayable on a monthly basis and must not exceed 20% of your gross income.
The requirements for obtaining a Consumer Care Loan are:
1) Employment Confirmation letter.
2) Income/Salary Assignment
3) Must be employed for 3 continuous years; proof of Business Income if self employed
4) Proof of Address.
5) Two (2) References.
