Economy Financing / Installment Loan

Economy Financing / Installment Loan

Take advantage of the loan in which interest is calculated only on the remaining amount of the loan.

Features and Benefits
  • Monthly repayment of 10% on total loan amount
  • Interest will be calculated on the remaining loan amount
Rates and Fees
  • Interest rate – 12.5% p.a.
Requirements

Active current account

FAQs
Is this secured or unsecured loan?

Economy financing is a secured loan, so you will need unmovable properties like land lot and building as collaterals.

What is the maximum amount that I can get from economic financing loan?

The maximum amount will be 50% of the forced sale value of your collateral property.

How is interest calculated?

Interest is calculated only on the remaining loan amount.