3% monthly.
The Bank has a loan product for individuals who meet the criteria for disbursement.
Loans are to be repaid within twenty-four (24) weeks with a one (1) week grace period.
Yes.
Interest is payable quarterly, prizes for Bosak Trade Loan (BTL) customers who have a minimum deposit balance of N50,000 and non - BTL clients, a minimum balance of N75,000 as at December 2017.
Yes.
Three (3) passport photographs, a completed account opening form and a minimum balance of N500.00. If you don’t already have passport photographs, our officer can arrange it.
Four (4) weeks. Three (3) weeks for the pre-loan training and the fourth week for loan disbursement.
Yes.
No. Customer is to produce a minimum of two (2) guarantors.
No.
Yes.
Immediately after non-repayment.
