Furniture & Appliance Loans
Our Quick Purchase Loan was especially designed for members with existing loans who desire a loan to purchase appliances and/or furniture. The interest rate is 0.83% monthly with a repayment period of 36 months. It is more affordable than any offer from a hire purchase entity.
- List of items to be purchased
- Proforma Invoice from supplier with items’ prices
- For goods to be purchased overseas – a statement from Customs Department indicating duties payable on goods to be imported on arrival of goods.
- 15% minimum on savings & collateral/security (Bill of Sale on items)