DEPOSIT BOOSTER

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  • A member will be awarded deposits on credit at a deposit boosting one off interest of 5%.
  • The total loan to be serviced by the member will be deposits + Fees 5% and the net payout in cash.
  • The maximum repayment period will be pegged to the loan product applied for.
  •  Interest is at 12% p.a. on reducing balance.
  •  Loan to be guaranteed by guarantors; and Member shall not suffer deductions more than 2/3 of their salary.