Benefits
Flexibility
Fast Approval
Predictable monthly payments
Lower interest rates
Helps build banker relationship
Features
Fixed repayment program normally in equal installments up to 5 years or as applicable
Normally subject to a request for down payment
Requirements
One (1) Piece of Identification e.g. valid Passport, National ID Card or valid Driver’s License
Proof of Address i.e. a Utility Bill, a Credit Card Statement, an existing Bank Account Statement from another financial institution, or an additional piece of Identification bearing the residential address. (These must not be in excess of 3 months old)
Job Letter or Reference Letter (not in excess of 3 months old)
Open Bill/Invoice
Down payment