This entails giving out rent loans to individual customers or a group e.g. staff members payable within one year with attractive interest rates. The security for the facility is salary domiciliation and corporate guarantee from employer. This is called Rent Made Easy.

Basic Features:

  • Must be in a paid employment
  • Salary account domiciled in the bank
  • Attracts zero equity contribution
  • Account opening with zero amount
  • Corporate guarantee by employer
  • A maximum tenure of one year
  • Repayment from salary