As there are forms of service cooperatives and community members in need, said independent cooperatives provide loans without collateral to the conditions as follows:
loan terms with guaranteed savings
- intended for members only
- pay a compulsory savings unsecured loan amounting to 5% of total loans and will be returned after settlement
- the total loan value of money is four times the value
- 1% per month interest
- money lending schemes: short term (three months) and long-term (12 months) please select
- The first installment payment, one month after withdrawal, and so on
- if the late payment of credit anggsuran perbulanan fined: 1% per month
borrowing requirement with a guarantee certificate or BPKB
- intended for members and non members
- a photocopy of the original ID card
- pay a compulsory savings and loans amounting to 5% of total loans and will be refunded after payment of unsecured credit
- pay fees and stamp 20.000
- submit a certificate or BPKB guarantee will be returned after settlement
- the total loan value is 50% of the price guarantee
- customers have a recommendation from two members of the cooperative
- 12 month loan period
- The first loan installment payment is one month after the date of disbursement, etc.
- 1.5% interest per month
Tags: Mortgage Loan Terms