Loans offered to salaried clients, mostly Government workers, whose mode of salary payment is through monthly remittance of salary to a current account held at Tizaa Rural Bank.
Features
• No cash lien on loans
• Applicant should have operated with the Bank for at least Six (6) months
• Provision of three (3) recent pay slips
• Loans shall be repaid on a monthly installment basis
• Not more than 40% of monthly salary is deducted to service the loan.
• At least three (3) salary clients who received their salary through the bank shall guarantee the loan
Benefits
• Low and competitive interest rates (34%)
• Enjoy credit life insurance (death and permanent disability)
• Quick loan disbursements
• Simple loan assessments
• Top-up loans
• Rebate (interest reduction) on early repayment
This is a personal overdraft facility designed for salaried clients whose receive their salaries through their account at Tizaa Rural Bank. This facility enables salary account holders to withdraw or issue cheques for an amount in excess of what is maintained in their salary account for flexible payment. Tizaa Rural Bank will deliver exceptional service to your convenience.
Features:
• Salary should be paid regularly into an account with the Bank.
• Account should generally be conducted well.
• The facility is for one month.
• Overdraft is repaid with the customer monthly salary.
Benefits
• you enjoy financial security.
• Convenient and flexible.
• Low interest rate (10%)
Tizaa Rural Bank allows business owners who have a regular current or corporate account to draw on funds up to a pre-agreed credit limit for business related purposes. No need to make interest payment on a lump-sum loan you might not be using.
Micro finance (Group Loan) is a convenient, simple and reliable loan product that gives the low income entrepreneurs access to working capital funds and financial support in groups of 5-20 membership. No collateral is required. Group members enjoy doorstep delivery services and group support. Clients are transformed through business advisory services, training, etc.
Tizaa Rural Bank Agricultural loan is simple and reliable tailor-made value chain lending to agricultural actors (farmers, aggregators, input dealers, processors, agro-inputs and machinery etc.). This is a loan product specially designed to meet the needs of farmer or farmer groups and other related agricultural industry. This loan facility is to help actors in this sector gain easy access to loan in support of their agri-businesses. The tailored product is designed to overcome the challenges in the agric sector and also help transform Ghana’s agric sector.
Features
• Operate an account with the bank
• Demonstrate outstanding credit turnover
• Purpose and commitment of the facility
• Personal guarantee or any other collateral
Benefits
• Easy access to loans
• Competitive interest rates (30%)
• Instilling a healthy banking habit and good records keeping among the farmers
• Free financial training
• Flexible repayment period as farmers have six to seven months Grace Period to begin repayment.
We offer a debt-based funding arrangement between the bank and our customers for funding major capital expenditures and/or cover operational costs that the business otherwise be unable to afford.
A product designed for Small and Medium Scale Enterprises (SMEs)
Features
• Have an account with the bank
• Demonstrate outstanding credit turnover
• Customers should demonstrate commitment to the business
• Personal guarantee or any other collateral
Benefits
• Flexible terms of payment
• Easy access to loans
• Competitive interest rate (33%)
• Free advisory services
