An Emergency Loan Assistance form Retirement Fund that will encourage our depositor to retain their savings deposit while enjoying their savings account in the form of loan.
Loanable Amount
90% of Deposit – Above 6 mos. term
95% of Deposit – 6 mos. and below
Terms of Payment
Payable up to 2 years
Interest Rate (Per Annum)
12% per annum or 1% per month in periodic/diminishing computation