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Group Loan


 

FAQs
Group Loans

The Page MFBank Group Loans is a “no questions asked” general-purpose emergency loan offered to employees of a company for a period of up to 12 months.  Repayments are made monthly from the employee’s salary and will be remitted by the company or paid monthly by employee via cheque from salary account.

 

Features of the Group Loan include:

  • Less than 3 hours loan disbursement timeline after application and submission of relevant documents.
  • Dedicated contact center and branch sales colleagues to attend to the needs of your employees.
  • Flexible and realistic documentation requirements
  •   Instant disbursement of funds via transfer to your staff member’s account of choice.

 

Pricing
  •  Interest rate (3.75%)- Charged Flat Per Month.
  • Management fee (0%)