Qualification and Requirements

 Both individuals and corporate customers (Companies)

 - 6 months active account.
 - Deposit of 3 months premiums.
 - Insurance policy rights credited to the bank
 - Audited accounts, management accounts, 12 months, cashflow projections
 - Memorandum / Articles of Association and Board Resolution to borrow

 Facility amount
 As per Insurer’s invoice

 Payment of insurance premiums

Interest rate
 Risk Based

 9 months

 - Interest repayment on reducing balance basis

 At Head Asset Finance Department at Head Office

 - Flexible soft collateral.
 - Can obtain parallel loans if you have an excellent credit record.