Loan Accounts
Property Tax Special Loan
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Essentials
The AERO PROPERTY TAX SPECIAL LOAN is available to all propertyowners and or their family members.
Interest Rate
0.7%
per month on the Reducing Balance.
Period
12
months
Requirements
- Subject to normal lending criteria.
- Minimum savings to shares during the loan period: $100.00
- Loan must not exceed 2.5 times his/her share holding.
- Bank Standing Order/Salary Deduction. Over the Counter payments provided that member has a timely record of monthly repayment amounts over a 12month period.
- Job letter
- Recent Payslip
- ID (Passport/Drivers Permit/Identification Card/Electronic Birth Certificate).
- Recent Utility Bill, if not in the members’s name, permission for use must be given by the recipient of the bill.
- Proof of tax liability (land and building tax notification) and/or relationship to property owner.
- No merger with existing loans will be permitted.
How much can I borrow?
%
Per Month On The Reducing Balance
Enter Loan Information
Payment 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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