M-RENT SUPPORT

 MEETNEEDS RENT SUPPORT FACILITY

Target market – Salary earners who earn a regular monthly salary paid into their Salary account but require a loan to settle their existing rent or pay for a new accommodation.

 Features/Requirement

  • Loan tenor of 6months maximum.
  • Interest is 5% monthly flat rate.
  • 4months salary account bank statement preceding request date required.
  • Current rent bill and evidence of payment of last rent (landlord receipt).
  • Loan to maximum of 70% of rent bill.
  • Turnaround time is 5working days.
  • For further details on general loan information, Click here.