The Smart Hire Purchase Loan offers you the flexibility of purchasing smart devices (smartphones, TVs, Laptops, or tablets), household appliances and furniture. Borrow up to $500,000.00 with a maximum repayment period of 36 months.
Loan Terms and Conditions:
- Must be a member for at least 3 months. 20% of the amount being borrowed must be in the shares account.
- Maximum loan repayment period – 60 months
- Loan proceeds are payable to the supplier/vendor.
- The maximum amount payable to the members is $150,000.00.
Loan Requirements:
- ID Last two months’ pay slips
- Proof of loan purpose (Invoice, quotation etc.)
- Job letter for first-time borrowers
- Proof of loan repayment
- Comaker/Guarantor
