Okada/Auto Loan
NKABOM CCU
Okada/Auto Loan
A member may wish to cruise in a dream car but needs a financial support to achieve this dream. Nkabom seeks to support such members.
More so, in a community where motorbike for commercial purposes dominate, Nkabom supplement members with interest in securing a motorbike
.
- i. Member enjoys the lowest interest rate a month as per the standard of co-operative credit union
- ii. Repayment of the loan is in either daily or weekly subject to the convenience of the member
- iii. Loan term is 12-18 months
- iv. Loan is granted within 72 hours (3 days) of application
WHY US
Why Choose Us
i. A member will complete an application form at a prescribe fee
ii. A member must be a susu/savings account holder
iii. A member must maintain the account for at least three (3) months
iv. In terms of a vehicle, a member secures an invoice from a car sales point and same be added to the loan application form.
v. In terms of a motor bike, a members express interest in the loan application form
vi. Applicant will be surcharge a processing fee of the loan amount
vii. Approval of okada/auto loan loan is subject to the approval of the Executive Board
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We boast of over 1000 memberships within a three month space of operation and the growth rate keeps counting.