LOAN TERMS & CONDITIONS
The handling of Polaris Bank Ltd (the вЂњLenderвЂќ or вЂњBankвЂќ) approves this time loan (вЂњfacilityвЂќ) to qualified and customers that are interested the next conditions and terms:
AMOUNT: As can be authorized because of the Bank.
PURPOSE: to fulfill individual requirements or bridge income space.
TENOR: 30 times or salary that is next (whichever comes first).
INTEREST: the attention price for the center is 2.5% flat, which will probably be subject to review every so often based on the prevailing cash market condition. Any improvement in prices for the center notified by the lending company towards the Borrower will be binding in the Borrower. Nevertheless, any excess over the limit that is approved any unliquidated expired facility shall attract a pursuit on authorized extra overdraft for a price of 36% per year.
Profits of month-to-month income re re payment domiciled in to the Lender or any BVN connected reports in virtually any Bank payable via Remita from supply.