Choosing from our suite of MAX Loans to benefit from:
- Flexible repayment terms
- No frustrating fees
- Free life insurance coverage on loan balances
MAX LOANS
All our loan options require the following basics:
- Recent payslip,
- Job letter (if first time borrower or change of employer)
- Form of ID (if not already scanned onto our database)
- Utility bill (WASA, TTEC, Telephone Land Line bill, Cable not more than 3 months old)
- Documentation regarding purpose of loan
Remember
You must be an active member to enjoy the benefits!
External credit checks will be done so please ensure accurate/complete information is always provided!
MAX 150
Get up to 3 times your shares*
for any of the following purpose including:
- Business Funding
- Consumer Durables
- Debt consolidation
- Educational Expenses
- Home Improvement
- Investment Financing
- Medical Expenses
- Purchase a Motor Vehicle
- Purchase of furniture/appliances
- Vacation Expenses
*Up to a limit of $50,000 in share savings
MAX Auto
Get up to 100% financing for that
New or Foreign Used Vehicle you
have been saving up for!
We can even include the full comprehensive insurance premium!
Apart from the basics you will also need:
- An invoice from seller
- Quotation from full comprehensive insurance provider
- Valuation report (unless it’s a showroom new vehicle)
- A Certified Copy of Ownership not more than 6 months old (can also be provided after approval is granted).
Loans are currently accessible to members at attractive interest rates on the reducing monthly balance. Loans are provided for any area of interest including:
- Business Funding
- Consumer Durables
- Debt consolidation
- Educational Expenses
- Home Improvement
- Investment Financing
- Medical Expenses
- Purchase a Motor Vehicle
- Purchase of furniture/appliances
- Vacation Expenses
Eligibility is determined by a combination of:
Capital (share balance) Collateral available, Character, Capacity to repay
Experience the RHAND Credit Union difference with excellent options tailored for every stage of your life, the conveniences you expect, and local, personalized service.
