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Secured Loan Products

The range of products and services under this category caters for individuals without regular monthly salaries, businesses, small and micro enterprises, sole traders, partnerships, clubs, welfare groups, and associations. Specific assets can be used as collateral in applying for a secured loan. Assets usually considered for security are shares of listed companies,  motor vehicles or property (Land & Building).

The loan term as well as amount lent will vary depending on both the applicant’s preference and the value of the pledged assets.  Interest rates are competitive.

Requirements

Ownership documents of the asset to be used as security, National ID, PIN Certificate, and 2 Colour passport photos.

 

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