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·        The Consumer Loan

 

Larger Amounts….. Loooooonger period

 

If you are looking for a loan to meet your cash obligations, refurbish your house, pay emergent expenses, or even to enjoy a trip abroad, we in CAC Bank have all that you need.

 

Now, you may get your Consumer Loan in an amount that reaches 12-fold of your monthly salary, with a settlement period that extends up to 30 months.

 

All that you have to do is make sure you satisfy the condition mentioned hereunder, and then approach the nearest Branch of our Bank to fill up the relevant forms.

 

This service is tailored to have the following features:

§     Funds Disbursement within 24 hours, in the event you fulfill the requirements of the credit.

§       Equal monthly installments;

§       Reducing interest calculations based on the remaining balance of the loan.

§       No charges or interest minimums in the event of early settlement.

 

 

Conditions of Granting the Loan:

 

 

§        Prior Payroll & Personal Credit Agreement between your employer and CAC Bank;

§        An undertaking from your employer to deposit your monthly salary, or the calculated installments, to your account with the Bank;

§        A Guarantee of one of your colleagues;

§       Having a minimum service period with your current employer.

 

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