Development Loan
For your major life projects, our Development Loan offers the substantial financial support you need. Ideal for construction, land acquisition, or other large-scale investments.
Financing for Major Projects
Also known as Normal/Development loan, this is a long-term loan product designed for members with long-term development projects.
Features
- Maximum loan amount of up to 5 times the member’s deposits.
- Repayment period of up to 48 months.
- Interest rate of 1% per month on a reducing balance.
- Can be secured by collateral or guaranteed by other members.
