Investment Loan
Purpose & Features
- Maximum repayment period of 48months,
- Interest rate of 1 percent p.m. reducing balance,
- Maximum loan of up to 3 times member deposits and must not exceed
- The value of the property being bought,
- Deposits committed on the loan shall not be withdrawable during the period of the loan
- Monthly deposits to be increased by 0.25%.
- 1% fee on loan amount applied
- Turnaround shall be within two weeks