Super Loan:

Super loan is a long-term loan granted to members to enable them undertake development projects, property acquisition and other investment activities for long-term benefits.

Product features:

  • Repayable in 84 months
  • Only one super loan shall be granted at a time
  • Maximum limit is a members’ deposits x 4 (subject to 1/3 salary rule)
  • Attracts 5% processing fee on approved amount.
  • Recovery to be done at a monthly flat rate combining principle repayment with

LEAVE A REPLY

Please enter your comment!
Please enter your name here