This is a credit related product. It is designed to enable customers acquire assets without having to deplete their disposable income. The scheme affords customers the unique opportunity of owning assets now and gradually paying down over a period of time.
This is also a credit product specifically designed for civil and public servants who earn their monthly salaries through the Bank. They are allowed 30% of their net income in advance for as long as 12 months.
This is also a credit product specifically designed for civil and public servants who earn their monthly salaries through the Bank. They are allowed 30% of their net income in advance for as long as 12 months.
This is almost as in Micro loan. And the customers covenants to save money daily or weekly with the bank and may convert this savings to compulsory savings upon which the micro loan could be granted.
As the name implies, this product ensures that request for loan is treated speedily. A customer may request for loan from the bank and will get his account credited within 24 hours.