Christmas Bonanza, Easter Bonanza and Back-to-School Bonanza are short term loans tailored to meet the short-term financial needs of the bank’s salaried customers. The target market
for this product are salary earners who receive their salaries through the bank. Christmas, Easter and the start of a new academic year comes with so much spending and customers would need a buck-up to be able to meet the demands that these seasons bring. Irrespective of whether the customer has a loan running or not, so far as he falls between the acceptable debt-to-income ratio, he or she qualifies to access the loan.
Christmas Bonanza (X’mas Bonanza) start on the first working day of December and end on the last working day of December each year. Easter Bonanza (Easy Loans) also starts on the first working day of March and end on the last working day of March each year. Back-to-School Bonanza starts on the first working day of September and ends on the last working
day of September each year.
Benefits to the Customer
- A hustle free way of accessing quick credit to solve your short-term financial needs.
- Irrespective of whether the customer has a loan running or not, so far as he falls within the acceptable debt-to-income ratio, he or she qualifies to access the loan.
- Competitive interest rates on the loan
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