Now you can have ongoing access to credit in a timely, hassle-free and affordable way. With the Moni-Tree Line of Credit you gain easy access to credit without the need to make multiple loan applications.
This is how it works!!
Get up to 4 times the amount pledged as security.
Pledge your available funds or the equity from your Motor Vehicle or Property as collateral.
A Credit Limit will be established for you.
Once your loan is approved, you can access the funds using your Access Plus ATM Card or by making a withdrawal at any of our branches.
Repay your loan by making regular monthly payments.
Enjoy continuous access to funds that fall within your credit limit.
General loan requirements:
- Job Letter
- Last three (3) month’s payslips
- Financial Statements (self-employed individuals)
- Verification of purpose
- Id (Passport, Driver’s Licence or National ID)
- Taxpayer’s Registration Number (TRN)
- Credit Union passbook