Development Loan
This product is intended to empower members undertake a development project with long term benefits e.g. Residential or Commercial buildings, Business ventures and other investments.
- Maximum loan entitlement within 4 time deposit.
- Security – Guarantors and /or collateral
- Repayment period of 60 months
- Interest rate of 1.5% on collateral loan and 1.28% on guaranteed loan and 1.08% on self guaranteed per month on reducing balance.
- Refinancing /top up facility available
- Terms and condition apply.