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Business/SME Loans

It is a hassle free loan with competitive interest rate to help your business soar to the pedestal you envisage.

 

FEATURES

  • Meets credit needs of SMEs through the provision of short term loan
  • It is open to all, including non-customers
  • The maximum repayment period of the loan is 6 months

BENEFITS

  • Customers enjoy competitive interest rate
  •  Loan is granted within 5 working days
  • No hidden charges
  • Provides a simplified and customer friendly loan process

REQUIREMENTS:

  • One must be a customer for at least a month or six months bank statement from a previous bank
  • Fully completed and signed account opening form
  • Proof of address ( Evidenced by utility bill / tenancy agreement/ Lease)
  • Business registration certificates
  • 2 passport pictures
  • Recognized I.D. Cards ie voters, NHIS, Drivers’ license, passport etc.
FIXED DEPOSIT RATES :
Effective February, 2025

(Amount GHC) 100.00 to 10,000.00, (91 Days) 10.0%, (182 Days) 12.0%, (364 Days) 14.0% | (Amount GHC) 10,001.00 to 50,000.00, (91 Days) 13.0%, (182 Days) 14.0%, (364 Days) 16.0% | (Amount GHC) 50,001.00 to 100,000.00, (91 Days) 15.0%, (182 Days) 17.0%, (364 Days) 18.0% | (Amount GHC) Above 100,000.00 - (91 Days, 182 Days, 364 Days) NEGOTIABLE