Seasonal Loan

Essentials

• 40% must be credited to shares
• Approval subject to normal loan conditions
• Interest rate on the reducing balance 0.50% on new loans or in the case of a refinanced loan, the existing percentage
• Repayment methods via Salary Deduction or Bank Standing Order.
• Over the counter (OTC) members must have a timely record of monthly repayment amounts over a 12month period·

Available Packages

• $1,000.00 – $6,000.00 maximum repayment period is 12 months
• $6,001.00- $10,000.00 maximum repayment period is 18 months
• $10,001.00- $15,000.00 maximum repayment period is 24 months
• $15, 001.00 – $20,000.00 maximum repayment period is 36 months
• $20,001.00 – $25,000.00 maximum repayment period is 42 months
• $25,001.00 – $30,000.00 maximum repayment period is 48 months
• $30,001.00 – $35,000.00 maximum payment period is 60 months

Interest Rate

0.50%

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How much can I borrow?