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.
- 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.