Jump Start Loan
Your journey to financial success begins with us!!
JUMP START your savings!
JUMP START your future!
NEW MEMBERS apply today! No collateral is required.
Borrow up to $20,000.00.
$10,000.00 ‘cash in hand’ to you the member
$10,000.00 to be deposited into your Share Account to Jump Start your savings.
- Loan to Share ratio 1:1
- 50% of the loan proceeds are to be pledged to member’s Share Account
- Maximum repayment period – 36 months
- Loan fees will apply
- Available ONLY via salary deduction or bank standing order. NO ‘OVER THE COUNTER’ PAYMENTS
*Special conditions apply
per month on the Reducing Balance.
- Permanently employed (For members employed on contract, the Loan must be repaid within the contract period)
- Two (2) forms of valid photo ID
- Recent payslip (no more than 2 months)
- Recent job letter (no more than 3 months)
- Recent utility bill (no more than 3 months)
How much can I borrow?
Per Month On The Reducing Balance
Enter Loan Information
Your Monthly Payment Will Be: $0.00
Note: The calculators are intended as a guide only based on the information you input. The results should not be considered approval for a loan. To find out exact amounts you should speak to us. The repayment amounts and total interest calculations exclude any fees and charges that may be charged to your loan which, if they apply, will add to the cost of loan. Other fees and charges also apply. Conditions apply to all loan options. Interest rates and repayment amounts are subject to change. Applications for a mortgage loan are subject to approval and satisfactory security. Full terms and conditions will be in our loan offer.
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