PROVIDENTIAL LOAN
Time Deposit
Time Deposit
A loan product intended for emergency needs of members with Time Deposit.
Loanable Amount
90% of Time Deposit – Above 6 mos. term
95% of Time Deposit – 6 mos. and below
Terms of Payment
Payable up to 2 years
Interest Rate (Per Annum)
10% per annum or 0.83% per month in periodic/diminishing computation