School Fees Loan

Caters for primary and secondary fees.
• Maximum Amount: 3.5 times member’s deposits.
• Maximum period: 12 months.
• Interest charged: 1% p.m. on a reducing balance (6.5% p.a.).
• Loans security accepted: guarantors.
• The fee structure should be attached.

External Lumpsum Deposits Waiting Periods

A member who wishes to top up a lump sum amount to their member deposits  account with the intention of borrowing a loan will be subject to the following waiting periods:

Revised Loan Application Form

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