It is a product tailored to meet the cash flow needs of customers who earns a salary and has channeled their salaries
through the bank. it is a cash bridging facility against your next salary. It is designed to help cover small but
urgent and unexpected expenses between pay days.
Features of the Product
- An advance up to 50% of your disposable net monthly salary (after all monthly loan deductions have been paid)
- Minimum overdraft limit of GH¢ 100.00
- A bullet repayment which is deducted from the next salary of the customer
- There is no maximum overdraft limit
Requirements of the Product
- A customer of the bank with a steady salary inflow
Benefits to the customer
- Quick and easy access to cash on the go
- Helps cover small but urgent and unexpected expenses between pay days
- No charges (processing fee, insurance, etc.)
