This is a special loan product for all workers on the Controller and Accountant Generals
Department payroll. It is a type of life-enhancing loan which gives consumers the
opportunity to buy consumer items such as home appliances, electronics, furniture, etc.
and also to meet other exigencies of life.
- Targeted at customers with good credit profile
- Customer must be an employee of the government or has a salaried account with the Bank
- Customer must meet the required debt income ratio
- Customer must not be on the Exclusion list of the Bank or Must not have a Negative Bureau Report
- Loan tenor is 18 months
- Provides beneficiaries with quick access to funds when they need it
- Loan spread over 18 months of equal payments
- Completed Application Form
- Recent passport size photograph
- Proof of identity (passport, driver’s license, voter’s ID/ etc)
- Original Pay Slip (last three months)
- Personal Guarantee from the borrower