We operate attractive Fixed Deposit Investment packages with the following
Benefits/Features:
• Flexible investment periods of
30 Days,
60, Days
91 Days
182 days and, 365 Days
• Attractive Investment Rates (i.e. 91 Day Treasury Bill Rate + Premium)
• Rates vary depending on Amount and Tenure
• Minimum Investment amount currently GH¢5,000.00
• No penalty for early liquidation
• 48 hrs notification for early Liquidation.
• 72 hrs notice for early liquidation of Amounts above 50,000.00.
• Investment amount can be used as collateral for loan.
Our flexible Call Deposit Investment has the following Features:
• A savings account which is run with unlimited flexibility, like a current account
• Balance on the account attracts interest.
• Additions of any amount can be made to call account from time to time.
• Unlimited withdrawals can be made on the account at any time.
• No Monthly Charges
• Minimum Opening Balance of Five Hundred Ghana Cedis (GHS500.00)
• Balance on call account can be used as collateral for loan.
• Free Advisory Services Requirements
• Duly completed account opening form
• National identification card(Voter ID, passport, Driver’s License etc. ) of beneficiary
• One (1) passport picture of beneficiary
• Completed mandate card
• Proof of address
• Targeted at Medium Enterprises (Shop owners, car sellers
• Amount - GH¢3,000.00 - GH¢20,000.00
• Tenure - One (1)- Ten (10) Months
• Arrangement Fee: 4% (including Insurance)
• Interest Rate : Competitive
• Security:
Landed property
Vehicles - ownership must be transfered to PIML and also noted on insurance policy as loss payee Cash
• Repayment: Post dated cheques must be taken to cover interest and principal installments
These are Emergency Loans particularly for Clearing for Clearing of goods and other Emergencies A- Port Loan - for purpose of Clearing goods from port
• both individuals and registered businesses could be legible
• Amount : GH¢1,000.00 to GH¢20,000.00
• Arrangement Fee: 4% (includes insurance)
• Interest Rate: 7-10%
• Tenure: 1-3 months
• Security: vehicle/Guarantor / Charge over items to be cleared)
B- Funeral Loan
• Amount : GH¢1000 - 5,000.00
• Arrangement: 4%
• Interest Rate: 6 -8%
• Security: Physical Asset/Guarantor
• Tenure: 1 (ONE MONTH)
These are Emergency Loans particularly for Clearing for Clearing of goods and other Emergencies A- Port Loan - for purpose of Clearing goods from port
• both individuals and registered businesses could be legible
• Amount : GH¢1,000.00 to GH¢20,000.00
• Arrangement Fee: 4% (includes insurance)
• Interest Rate: 7-10%
• Tenure: 1-3 months
• Security: vehicle/Guarantor / Charge over items to be cleared)
B- Funeral Loan
• Amount : GH¢1000 - 5,000.00
• Arrangement: 4%
• Interest Rate: 6 -8%
• Security: Physical Asset/Guarantor
• Tenure: 1 (ONE MONTH)
• Targeted at employees of both government and private organisations
• Amount: GH¢500.00 - GH¢3,000.00
• Arrangement fee: 4%
• Interest Rate: 6-8%
• A Guarantor - preferably from same organisation
• Undertaking from Head of Dept. (HOD)
• Three pay-in-slips for the last three months
• Bank Statement
• NO TOP UPS
• This is targeted at Senior Management of Organizations
• Terms and Conditions are on case by case basis.