Fixed term loans
A facility granted on a reducing balance basis.
What does it offer me
- Short term facility (maximum period is 1 year),
- A separate account to the operating one is opened for the purposes of utilising the facility.
- Interest is calculated on a daily balance and is debited to the operating account.
- Set loan repayment instalments (e.g. monthly)
- The facility is secured with suitable collateral
How to apply
Contact your nearest branch for more details.