All loans are subject to normal lending criteria.
- Proper documentation must be provided (pay slip, supporting documents for Loan)
- Member must be in good standing
- Must be a member for 6 months if applying for a loan over shares.
Download your loan form by clicking on the link below,
ask your Liaison Officer, or Contact Us for further information.
Supporting Documents
Personal Loan
- Invoice or Pro Forma Invoice of Item to be Purchased
- Submission of necessary bills for which the loan is needed for e.g. TSTT, Flow, T&TEC, WASA etc.
New Vehicle
- Production of a Pro Forma Invoice containing the following:
(a) Price of vehicle – inclusive of VAT
(b) Chassis Number
(c) Colour of Vehicle
(d) Make and Model
(e) Engine Number. - Assignment of Full Comprehensive Insurance Policy.
- Submission of Certified Copy of Vehicle Ownership within fourteen (14) days of receipt of the vehicle.
- Repayment period of six (6) years for the amount in excess of savings.
- Mortgage Bill of Sale on the Vehicle.
- Payment of Legal Fees by Applicant.
- Ten percent (10%) of the required loan in unencumbered share capital is required.
NOTE: Repayment period of six (6) years for the amount in excess of savings.