Page: Staff Loan

It is a type of loan that provides (5 to 7) times of salaries for government employees.

Term

• Interest – (13%)
• Bank Commission – (1.5%)
• Loan Period- (18) Months
• Bank Service Charges (other) + collect “other service charges” (Form Fees , Stamp Fees, Docuements ks 12500)

REQUIREMENT DOCUMENTS FOR OPENING ACCOUNT

1. Application Form
2. (3) License Photo (within 6 Months)
3. Staff Member Card
4. NRC Copy of Applicant
5. Household list Copy
6. Recommendation letter of Department Head
7. Three Guarantors (Upper Clark Officer,1Collegue & 1 Families)
8. NRC & Household list copy of guarantor
9. Ward Recommendation Copy (Duration 1 months)
10. Police Recommendation Copy (Duration 1 months)