Business
We understand that a reliable banking partner is crucial for your business's success that's why we have tailored our business loan to meet the unique financial needs of your business.
We offer a range of benefits designed to help you grow and thrive.
Some features include:
- Reliable and Quick Service
- Maximum repayment period of three years (36 months)
- 22.75% interest rate per annum
- Monthly repayment mode
- Loan security in the form of cash (a guarantor who’s also a member of SRICCU) or collateral.
You are eligible to apply for a business loan if you:
- are 18 years and above
- hold a minimum of GHc 300.00 shares
- are a normal or micro savings account holder.
- have saved for three months (for micro savings holders) or six months (for normal savings holders)
- have an active account
Requirements:
- National ID of applicant
- Acquire loan application form at a fee and fully provide all needed information
- Insure loan against death and disability
- Must save up to 25% of the amount required