Pledge Loans
Our pledge loan facility is given mainly for importers of motor vehicles, and these facilities are secured by a pledge of the related import documents.
You can apply for a Pledge Loan for;
- Short-term working capital requirements of the vehicle business.
- Payments of duties.
- Other short-term working capital requirements.
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch of your choice or contact our marketing officers for the latest information and prevailing interest rates applicable.
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