Personal Loan
Now you need not postpone things on your bucket list. Avail personal loan for a holiday, home renovation & marriage at attractive interest rates. With a quick approval on Personal Loans, turn your dreams into reality!
Charges
| Description | Amount over the duration of the loan in sixty months |
|---|---|
| Interest - (Payable interest is 22%, calculated on a declining balance basis, and at a variable rate.) | Total interest paid: 2,450,754 |
| Administrative fees of 100,000 per two years | Total interest paid: 100,000 |
| Insurance | 230,000 |
| Security-related Charges | 50,000 |
| Legal fees | 50,000 |
| TOTAL COST OF CREDIT | 2,880,754 |
The TOTAL COST OF CREDIT is the total amount you pay for your loan. It is calculated by all costs you will need to pay over the period of the loan. Note that this is based on the terms above and may be subject to change. Also, remember that you will also have to pay back the sum you borrowed
Requirements
- Valid identification document(s) e.g. passport, national ID
- At least one passport size photograph
- Application form
- Proof of age
- Income proof
- Bank statement
- Sketch map of physical address supported by either a utility bill, tenancy agreement, LC 1 introduction letter with photo, introduction by known employer
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