This product supports car financing for the Sacco’s members.
Features
- Interest rate of 1.25% per month on an amortized reducing balance.
- Maximum loan repayment period of 48 months.
- Share deposits multiplier of 5.
- A member can access only 1 loan at a time.
- Active membership of atleast 6 months.
- Up to 80% of the Market value for Toyota models
- Up to 60% of the Market value for other models.
- Terms and Conditions apply
- Acceptable vehicle age is 8 years from the Year of Manufacture.