This product is targeted at business owners who have savings account with the bank and have contributed continuously
for six (6) months and above. The customer is then granted a loan double of the account balance to restock and take
advantage of the Christmas sales. It is a way of encouraging them to save so that their cash appetite during
Christmas is quenched equitably.
Features of the Product
- Loan amount parameters not more than GH¢ 50,000.00.
- GuarantorshipLoan amounts up to GH¢ 20,000.00 requires a single guarantor who is either a salary customer of the bank or a
non-salary customer in good standing. Loan amounts more than GH¢ 20,000.00 will require two guarantors who are either salary customers or non-salary customers in good standing. - Loan DurationThe maximum duration for this loan is 6 months
Benefits of the Product
- A smart way of saving towards expanding or growing your business
- Offers customers the opportunity of making the best out of the Christmas sales
- Account holders are able to build deposits that will help them in the time of need.
MRB Financial Products
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