Target Customers
- Customers of the Bank
- Investors in Republic Bank Managed Funds
- Republic Bank mortgagors and past mortgagors whose title documents are in the custody of the Bank.
- Individuals with minimum net salary of GH¢ 100.00
Purpose
- Consumer durables, furniture, land purchase, school fees, rent advance, medical bills and holiday.
- The loan is not for speculative purpose such as; starting a business or speculating on the stock market.
Minimum Loan Amount GH¢ 500.00
Maximum Loan Amount GH¢ 300,000.00 (unsecured)
Term Max – 72 months
Interest rate Prevailing lending rate
Repayment Plan Monthly installments Standing orders to debit current account
