Personal Loans

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Overview

Our Personal Loans are  designed for salaried employees, professionals and business individuals who wish to borrow for any of the following:

  • Household appliances and electronic devices
  • Education
  • Vacation Travel
  • Medical Expenses
  • Weddings and Engagements

Benefits

  • Flexible Repayment Terms
  • Competitive Interest Rates
  • Low Equity Contribution

Requirements:

  1. Identification card/Passport along with (1) passport size photo.
  2. New Drivers Licence and/or TIN Certificate
  3. Proof of address (utility bill, rental receipt, etc.)
  4. Employment confirmation letter and 2 recent consecutive months’ pay slips
  5. Proof of income if self-employed (Business Registration, Recent Financial Statements for the past two years and cash flow projection for the next 12 months)
  6. Statement of outstanding loans/Hire Purchase (if applicable)
  7. Quotation

Forms of security acceptable:

  • Mortgage on property
  • Shares in traded company
  • Bill of Sale over vehicle
  • Cash Collateral
  • Bill of Sale over the item being purchased

Personal Loans

Our Consumer Care Loan Plan makes it easy for customers to acquire new appliances and electronics.

This plan covers items including but not limited to:

  • Washing Machines
  • Refrigerators
  • Stoves
  • Televisions

The loan plan ranges from $100,000 to $500,000. The customer is required to contribute 10% of the cost of the item. An interest rate of 12 – 14% per annum will be charged under this scheme with the maximum repayment period of 3 years. Installments will be repayable on a monthly basis and must not exceed 35% of your gross income.

Requirements:

  1. Identification card/Passport along with (1) passport size photo.
  2. New Drivers Licence and/or TIN Certificate
  3. Proof of address (utility bill, rental receipt, etc.)
  4. Employment confirmation letter and 2 recent consecutive months’ pay slips
  5. Proof of income if self-employed (Business Registration, Recent Financial Statements for the past two years and cash flow projection for the next 12 months)
  6. Statement of outstanding loans/Hire Purchase (if applicable)
  7. Quotation

This facility provides customers access to quick cash at the same time, gives them the opportunity to save their own money. These loans are cash secured and are issued within an expeditious manner.

There is no maximum stipulated amount since this is a cash-secured facility.

Express Loans carry an interest rate of 3% per annum.

An application for this loan can be made with any counter staff.

Overview

GBTI understands the need to stay relevant with technology. Our easy to own Technology Loan is designed with lowered interest rates to allow you easy access to funds to purchase the device of your choice.

Enjoy:
  • Competitive Rates
  • Fast approvals
  • Up to 18 months to repay

Preferred agents:

  • Starr Computer
  • NT Computeac
  • Global Technology
  • DIGICOM
  • Gizmos & Gadgets
Visit any of our Branches and speak with one of our Loan Officers.