Super Normal loans

Purpose
The Super Normal Loan is designed to address the development needs such as Building homes, Large scale farming, Motor vehicle purchase among others.

Features

• The maximum amount one can borrow is 3 times Deposit.
• The repayment period shall be a maximum of 48 months subject to the contract period.
• The loan shall attract an interest rate of 1.25 % per month on a reducing balance basis.
• The Security shall be the member’s deposits and guarantors’ deposits.

Features