These are loans disbursed by the bank and automatically repaid through deductions from the individual’s salary at source. This is basically targeting public sector employees such as teachers, health workers and any category of people whose salaries are processed by the Controller and Accountant General Department of Ghana. Both customers and non-customers of the bank are eligible to access this loan. The facility is available to help government workers finance their dream projects and other needs.
Features of the Product
- It is targeted at only persons whose salaries are processed by the Controller and Accountant General Department
Requirements
- Pay slips of the past three months of the applicant
- Ghana Card and passport pictures of the Applicant
Benefits of the Product
- Quick access to credit within 24 hours
- Customers receive a lumpsum of money upfront, allowing them to pay back over fixed term
- Interest rate and principal repayments are always fixed which helps in budgeting
- Top up of facility is available
- Walk-in clients and customers of the bank are eligible to access this loan
MRB Financial Products
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