Loan Lending Rates

Tariff Guide

PRODUCT CHARGE TYPE CHARGE
Personal Loan (external) Monthly Interest 3.5-5% monthly
SME (Business Loans) Monthly Interest 4%-6% monthly ( risk /loyalty)
Project Finance Monthly Interest 4.5%-6% monthly (risk/loyalty)
Asset Finance Monthly Interest 4.5%-6% monthly (risk/loyalty)
Trade FInance Monthly Interest 5%-6% monthly (risk/loyalty)
Cheques Discounting Monthly interest 6%-9% of cheque value.
Clearing loans Monthly interest 6%-7%.
LPO Monthly interest 5%-6% flat on monthly basis
Emergency Loans 1 month 8%-10% for a month.

Domestic

Charge Type

Charge

Quarterly Statement

Free

Monthly statement

Free

Duplicate statement

1.00

Credit Facility

Charge Type

Charge

Facility Fee (Business)

1.50 %

Facility Fee (personal)

1.00 %

Processing Fee

1.50 %

Monitoring Fee

0.50 %

Annual Review Fee Outstanding

1.50 %

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