These are loans given to salary customers of the bank and pensioners alike. Features: Customer must be salary account holder Have salary paid through the bank for at least three months Gearing must be 40% of Net salary paid to the bank. Have undertaking letter signed by the employer. Maximum duration of thirty six months or three years. Interest rate of 30% p. a. (35% for pensioners) Commitment fees of 3% flat

These are loans and overdrafts given to corporate businesses and sole business account holders. Features:

  •  Must be a customer of the bank for not less than three months Period
  •  Must have a minimum Balance in the account.
  •  Provide cash security and other liquid assets as additional security.
  •  Interest rate of 2.5%
  •  Commitment fees of 3% flat.